Lineage Spain Acquisition by Mutares

The German desk of the Spanish law firm Cuatrecasas has played a crucial advisory role for the Mutares investment group in their recent acquisition of Lineage Spain Transportation, a company based in Murcia that specializes in temperature-controlled transport, specifically for the fruit and vegetable sectors. Lineage, headquartered in Spain, possesses additional offices throughout the country, including in Navarra, Galicia, Valencia, and Madrid, as well as in the Netherlands, which allows it to employ 850 people with expectations of reaching a turnover of 200 million euros by 2025. The private equity firm Mutares, headquartered in Munich, Germany, has recently amplified its strategic investment pursuits in southern Europe, aligning its business strategy with its Madrid office opening in 2020 and also securing a number of acquisitions, including the latest purchase of Lineage Spain, to consolidate its regional presence and capitalize on special situational ventures.