ISL Nardi Acquired by UBV in Strategic Expansion Move
Deal News | Feb 13, 2025 | Finance Community IT - 1 Corporate M&A
UBV, an Italian logistics and transport group, has acquired 100% of International Services and Logistics Nardi (ISL Nardi) through its subsidiary UBV Ocean & Air. The transaction aims to enhance UBV's operational volumes and broaden its service range, initiating a new phase of international expansion with a focus on European and Asian routes. EY provided financial due diligence services, while Broletto Corporate Advisory, WST Law & Tax Firm, and Gatti Pavesi Bianchi Ludovici represented ISL Nardi's shareholders. Based in Milan, ISL Nardi has been in operation since 1949 and reported a consolidated turnover of approximately 60 million euros in 2024. UBV, benefiting from consistent growth via acquisitions and internal development, reported a turnover of about 200 million euros, operating 18 branches in Italy.
Sectors
- Logistics
- Corporate Finance
- Legal Advisory
Geography
- Italy – Both UBV and ISL Nardi are headquartered in Italy, and the acquisition is set to influence the Italian logistics market.
- China – ISL Nardi has a presence in China, indicating a geographical expansion of influence for UBV.
- Turkey – ISL Nardi also has operations in Turkey, adding to UBV's international reach.
Industry
- Logistics – The logistics sector is central to the article as both UBV and ISL Nardi operate within this industry, focusing on transportation and international shipping.
- Corporate Finance – Corporate finance is relevant due to the financial advisory roles played by Broletto Corporate Advisory in the acquisition deal.
- Legal Advisory – Legal advisory is highlighted through the involvement of multiple legal firms advising on the M&A transaction.
Financials
- 60 million euros – The consolidated turnover of ISL Nardi in 2024.
- 200 million euros – UBV's consolidated turnover.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| UBV | Buyer | Companies | An Italian group specializing in national and international logistics and transport. |
| ISL Nardi | Target | Companies | A logistics and shipping company operating since 1949, based in Milan. |
| Broletto Corporate Advisory | Financial Advisor | Companies | Provided financial advisory to ISL Nardi shareholders. |
| EY | Financial Due Diligence Advisor | Companies | Assisted UBV in financial due diligence services for the acquisition. |
| WST Law & Tax Firm | Tax Advisor | Companies | Provided tax advisory services to ISL Nardi's shareholders. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor | Companies | Offered legal advisory services to ISL Nardi's shareholders. |
| Bettini Formigaro Pericu | Legal Advisor | Companies | Handled legal aspects of the acquisition for UBV. |