Quero Frete, a local freight services sharing startup, sold its operations to Expresso Nepomuceno, a leading logistics company in Brazil
São Paulo – Corporate Finance International (‘CFI’) is pleased to announce that they acted as the exclusive advisor to Quero Frete on its 100% sale to Expresso Nepomuceno, boosting its new digital business strategy.
Quero Frete is an app for companies, customers or truck drivers who look for affordable and faster alternatives to transport cargo. Its free downloadable tool, available online and also for Android phones, allows truck drivers, self-employed or not, to offer their freight, while companies/individuals will keep an eye on hiring them.
Amongst the top ten largest logistics companies in Brazil, Expresso Nepomuceno has been operating in the transport and logistics market for over 57 years, offering customized logistical solutions, in order to meet different customer profiles, covering all segments.
The transaction closed in Aug 2020.
Transport & Logistics
has been sold to
Transaction details
Quero Frete, a local freight services sharing startup, sold its operations to Expresso Nepomuceno, a leading logistics company in Brazil
This transaction was advised by:
Our latest transactions
Food & Beverage & Agribusiness
has been acquired by
Transaction details
Swedish delicatessen provider Färskvaruhuset AB has been acquired by BPI A/S, creating an even stronger partner for the food retail sector in the Nordics
Food & Beverage & Agribusiness
has been acquired by
Transaction details
Engelhardt, a leading developer of smart solutions for the food industry, has been acquired by Finnish company Bang & Bonsomer
Software & IT Services
has been acquired by
Transaction details
Laura Rekrytointi Oy, a subsidiary of Arena Partners Oy, has been acquired by Ehta Henkilöstöpalvelut
Software & IT Services
has been acquired by
Transaction details
Neomore has acquired Coobi, a Finnish IT consulting company specializing in data management, analytics, and enterprise architecture
