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Freightways to buy Australia’s VT Freight Express for A$71M, boosting earnings and expanding B2B reach.
Freightways has agreed to acquire Australia’s VT Freight Express for A$71 million, expanding its footprint in the country’s B2B express freight market.
The deal, expected to close by early 2026, will be funded through bank debt and is projected to boost Freightways’ earnings per share by 6% in the first year.
VTFE, which serves industries like healthcare and retail with an asset-light model, will retain its brand and leadership.
The acquisition supports Freightways’ multi-brand strategy and follows a period of increased M&A activity in the transport sector.
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Freightways comprará VT Freight Express de Australia por A$71M, aumentando las ganancias y expandiendo el alcance B2B.