Europe is leading in logistics mergers and acquisitions, with transportation as a key target service.

In the later part of 2025, Europe emerged as the leading region in terms of acquisition activity within the logistics industry, accounting for 50% of all recorded acquisitions. North America followed closely behind, making up 40% of the acquisitions, with the United States standing out as the most active country with 8 acquisitions. Among the various services being targeted, transportation took the lead, representing 36% of the acquisitions, followed by logistics services at 27%.

During December 2025, a significant move was made by Geodis, who announced its plans to acquire Malherbe to bolster its national road transport network in France. This strategic decision aligns with Geodis’ aim to enhance its domestic linehaul and distribution capabilities in its primary market. By combining Malherbe’s fleet, regional coverage, and operational expertise, Geodis anticipates improving its end-to-end road freight services for both industrial and retail clients. Additionally, this acquisition supports Geodis’ objective to consolidate its presence in French road transport, reduce dependency on subcontractors, and provide more competitive logistics solutions across France and neighboring European markets.

In addition to Geodis’ acquisition, other noteworthy deals that took place in December 2025 included CEVA Logistics’ planned acquisition of Fagioli, a project logistics specialist, and IFS’ intended acquisition of Softeon.

Looking ahead to 2026, the Managing Director at Logisyn Advisors, Mikael Olesen, expressed optimism about the year, noting a record number of deals in the due diligence phase and a robust pipeline of potential acquisitions. The year is shaping up to be highly active in terms of mergers and acquisitions within the transport and logistics sector.

Transport Intelligence has been instrumental in providing essential market share data to M&A and legal clients, particularly in submissions to competition authorities. This data encompasses revenue and market share information across various regions in Europe, Asia, and North America, spanning freight forwarding, contract logistics, and road freight sectors. Through its Consultancy services, Ti Consulting offers valuable market intelligence to support logistics M&A activities, ensuring accurate and reliable data for informed decision-making.

In conclusion, the logistics industry continues to experience significant M&A activity, with Europe leading the way in acquisitions, especially in the transportation sector. As companies like Geodis expand their networks through strategic acquisitions, the industry is poised for continued growth and development in the coming year. With a positive outlook for 2026, the sector is expected to see a steady stream of deals and partnerships that will shape the future of logistics and supply chain management.