ACQUIRED · 2024
Who Acquired Cardinal Logistics?
Ryder System · $297.0M
The acquisition
Cardinal Logistics (Concord, North Carolina) was acquired by Ryder System in 2024 for $297.0M. Dedicated contract carrier with 200 locations, 2,900 trucks, 3,400 drivers serving CPG, omnichannel, automotive. at 0.30× revenue.
Cardinal Logistics at time of acquisition
Revenue
$1000.0M
Deal value
$297.0M
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Sourced from Ryder System Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2024). Cardinal Logistics acquired by Ryder System. https://exitvalue.ai/acquired/cardinal-logistics