Stratrix
On the Record · FedEx

FedEx acquisitions, on the record

The businesses FedEx bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
TNT Express
Word for word“Our 2016 acquisition of TNT Express accelerated our European and global growth; substantially enhanced our global footprint through TNT Express’s lower-cost road networks in Europe, the Middle East, and Asia; and expanded our capabilities and solutions for our customers.” 10-K for 2023
acquisition2016—
ShopRunner
Word for word“For example, ShopRunner, which we acquired in 2021, collects and stores certain personal data of its merchants and their buyers, its partners, consumers with whom it has a direct relationship, and users of its applications.” 10-K for 2023
acquisition2021—
RouteSmart Technologies, Inc.
Word for word“On February 4, 2025, we acquired RouteSmart Technologies, Inc. (“RouteSmart”), a global leader in route planning and optimization solutions, for $ 113 million in FedEx common shares from treasury stock and cash from operations.” 10-K for 2025
acquisitionFebruary 4, 2025$ 113 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2018-05-31$179 million$123 million$125 million
2019-05-31$66 million—$126 million
2021-05-31$228 million—$161 million
2025-05-31——$38 million
2026-05-31——$5 million

Deal filings since 2016

Read from FedEx’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-07-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.