In September 2024, the merger between Sequoia and Move3 culminated in the creation of Brazil’s second-largest delivery company, earning the nickname “the Brazilian FedEx.” The consolidation combines expertise in express courier, logistics, and e-commerce delivery, offering comprehensive national coverage.
This strategic merger enables scale efficiencies, enhanced technology integration, and expanded service offerings. The combined entity leverages advanced tracking, robust delivery infrastructure, and customer-centric operations to compete effectively with global players.
Management projects significant cost savings and revenue synergies from the merger, which is expected to accelerate growth in Brazil’s fast-evolving logistics market.
For investors, this transaction represents a compelling growth story with increased market share and improved operational capabilities.
Source: Valor Econômico, September 30, 2024