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FedEx to acquire French express company TATEX

FedEx said Thursday it has signed an agreement to acquire French express delivery company TATEX.

FedEx 777F. By Rob Finlayson FedEx said Thursday it has signed an agreement to acquire French express delivery company TATEX. No transaction price was revealed. FedEx has been trying to shore up its position in Europe in the aftermath of rival United Parcel Service’s decision to acquire Amsterdam-based TNT Express (ATW Daly News, March 20). “The acquisition represents the latest FedEx investment in delivering sustainable growth in Europe,” it said in a ...

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