Wednesday, 16 August, 2023

Xpressbees Acquires Trackon in All-Cash Deal to Expand Logistics Footprint

Xpressbees, a logistics company, has acquired Trackon in a full cash transaction. The acquisition aims to strengthen Xpressbees' logistics network and services. It outlines the strategic move to bolster market presence and enhance capabilities through the acquisition of Trackon. This aligns with Xpressbees' expansion goals, illustrating the dynamic nature of the logistics industry and the pursuit of growth through strategic acquisitions.