DB Group acquires majority of Sea Cargo Logistics
Deal News | Feb 03, 2025 | Finance Community IT - 1 Corporate M&A
DB Group, a prominent player in international logistics and shipping, has finalized an agreement to acquire a majority stake in Sea Cargo Logistics, a logistics company with a strong presence in North and South American markets. The acquisition underscores DB Group's strategic expansion into these key global markets. PwC served as the exclusive financial advisor to DB Group, with the team led by partner Niccol Cavina and supported by director Alberto Martinello. PwC TLS provided legal, contractual, and corporate advisory services, enhancing the transaction's strategic and compliance facets. Additionally, PwC's international team, led by Alessandro Curri, executed comprehensive due diligence to ensure a robust transaction process.
Sectors
- Logistics and Shipping
- Financial Advisory
Geography
- Global – The transaction involves participants with a global reach, particularly highlighting the North and South American logistics markets.
- Italy – DB Group is based in Italy, which anchors the geographic focus of the involved parties.
Industry
- Logistics and Shipping – This industry is central to the article as both DB Group and Sea Cargo Logistics operate within the logistics and international shipping sectors.
- Financial Advisory – PwC's involvement as a financial advisor, legal, and due diligence service provider highlights the importance of financial advisory services in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DB Group | Bidding Company | Company | An Italian company specializing in international logistics and shipping services. |
| Sea Cargo Logistics | Target Company | Company | A logistics and shipping company with a strong market presence in North and South America. |
| PwC | Financial Advisor | Company | Provided financial advisory, legal services, and conducted due diligence for DB Group during the acquisition. |
| Niccol Cavina | Partner at PwC | Person | Led the PwC team as the exclusive financial advisor to DB Group. |
| Alberto Martinello | Director at PwC | Person | Supported the financial advisory team during the acquisition process. |
| Alessandro Curri | Leader of International Due Diligence Team at PwC | Person | Led the efforts for the due diligence process on behalf of PwC. |