Logista strengthens presence with Transportes Moncayo acquisition
Deal News | Nov 04, 2024 | Iberian Lawyer
Logista, a prominent logistics operator in Southern Europe, has acquired 100% of Transportes Moncayo, enhancing its position in northwest Spain and augmenting its capabilities in refrigerated transport logistics. The acquisition allows Logista to better serve the distribution of perishable goods and expand its specialized logistics service offerings. Gómez-Acebo & Pombo, a notable law firm, advised Logista on this transaction, with a team led by partner Guillermo Guerra alongside senior associate Irene Carreo Alvarez and associate Emiliano Moreno. The strategic deal underscores Logista's continued expansion in the temperature-controlled logistics sector.
Sectors
- Logistics
- Legal Services
Geography
- Spain – Both Logista and Transportes Moncayo are operating within Spain, particularly focusing on logistics services in the northwest region.
- Southern Europe – Logista is recognized as a key logistics player in Southern Europe, underlining its regional strategic operations.
Industry
- Logistics – The acquisition is part of the logistics sector as Logista strengthens its service capabilities in refrigerated transport.
- Legal Services – Gómez-Acebo & Pombo's advisory role in the transaction highlights the involvement of the legal services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Logista | Bidding Company | Company | A leading logistics operator in Southern Europe, focused on expanding its refrigerated logistics capabilities. |
| Transportes Moncayo | Target Company | Company | A Spanish company specializing in the refrigerated transport of goods by road. |
| Gómez-Acebo & Pombo (GA_P) | Legal Advisor | Company | A major law firm that advised Logista on the acquisition process. |