FIRSTFLEET acquired by WERNER ENTERPRISES

The transaction involves the acquisition of Qube Holdings Limited by a consortium led by Macquarie Asset Management, comprising MAM managed funds and co-investors, including UniSuper and Pontegadea. The consortium will acquire all of the shares in Qube by way of a scheme of arrangement, with Qube shareholders receiving cash consideration for their shares. The transaction is subject to customary conditions and regulatory approvals, including from the Foreign Investment Review Board and the Australian Competition & Consumer Commission

The transaction involves the acquisition of InPost by a consortium led by Advent International and FedEx Corporation, with A&R Investments Ltd. and PPF Group also participating as investors. The consortium has agreed to acquire all outstanding shares of InPost at a price of EUR 15.60 per share, valuing the company at approximately EUR 7.8 billion. The transaction is expected to be completed in the second half of 2026, subject to regulatory approvals and other customary closing conditions. The consortium believes that the transaction will support InPost's growth plans and help the company achieve its strategic objectives, including the expansion of its parcel locker network and the development of its consumer-centric digital solutions

This transaction represents a sponsorless management buyout wherein the incumbent executive team successfully acquires full control of Wiio. To securely finance this corporate transition without relying on a traditional majority private equity shareholder, the management leveraged a bespoke mezzanine debt facility provided by Cerea. This highly flexible financial structure perfectly empowers the leadership to maintain total strategic independence while securing the vital capital backing required to seamlessly transition ownership

Ardian reached a definitive agreement to divest 100% of its interest in NHV Group to GD Helicopter Finance. This industrial exit marks the culmination of a twelve-year transformation where Ardian supported NHV's evolution from a regional player into a diversified European leader. The acquisition allows GDHF to internalize NHV's specialized operational platform, creating a vertically integrated group capable of managing the entire lifecycle of mission-critical rotary-wing assets. The combined entity is positioned to dominate the North Sea and West African offshore markets by leveraging GDHF's fleet pipeline and NHV's MRO and pilot training certifications

Deal Description: The group has finalized a definitive agreement to acquire the target in a move designed to fundamentally transform its European network density. The strategic rationale for this transaction centers on a "market-unification" play, merging the target's industry-leading technical operational depth in the Czech leisure market with the group’s established global low-cost infrastructure. This structural alignment provides the organization with the scientific talent and logistical hardware (specifically an additional 47 aircraft) required to address the increasing demand for affordable cross-border travel in the CEE region

The Groupe Alaine has acquired a majority stake in Gamba & Rota, a recognized specialist in wine and spirits logistics. This acquisition allows Alaine to strengthen its "premium" service offering and integrate advanced automated warehousing capabilities (Autostore) into its network. For Gamba & Rota, joining a larger family-owned group ensures the company's durability and development while retaining its management team.

The Groupe Jardel continues its external growth strategy by acquiring the Groupe Naval, a significant player in the South-West of France. This acquisition allows Jardel to strengthen its density on the Atlantic coast and reinforce its expertise in refrigerated transport for retail chains. The integration of Naval adds approximately 250 drivers to Jardel's workforce, pushing the group's total revenue past the EUR250 million milestone.

In a major market consolidation move, the logistics giant GEODIS has signed an agreement to acquire the Groupe Malherbe. This "Corporate" transaction marks the exit of financial investors (Siparex, etc.) and the end of Malherbe's independent LBO cycles. By integrating Malherbe, GEODIS significantly strengthens its French road transport network, creating a combined entity with EUR2 billion in revenue solely in this segment (Road Transport), capable of competing with European leaders.

The Breton group Armor Navigation, a family-owned specialist in maritime excursions and passenger transport based in Perros-Guirec, has been acquired by the Parisian investment group Inner. The transaction, finalized in October 2025, covers all the group's entities: the operating companies Armor Navigation and Compagnie Corsaire (Saint-Malo), as well as the real estate assets held by SCI Armor Navigation.

Clareton, a refrigerated transport specialist in Occitanie, structures its first LBO ("OBO/LBO") to finance a strategic external growth operation. The group brings in Re-Sources Capital as a minority financial partner, with 3mEUR equity investment.