Logística Reyco Acquires Sacytrans, Expanding as a Major Intermodal Transport Operator
Deal News | Nov 04, 2024 | Iberian Lawyer
Ejaso, a law firm, has successfully guided Logística Reyco through the comprehensive acquisition process of Sacytrans, a logistics operator in Irún, Guipúzcoa, Spain. Specializing in intermodal transport, this strategic acquisition will propel Logística Reyco's turnover to 60 million euros, establishing it as a leading road transport operator in Northern Spain. Ejaso's Galicia office, led by Enrique A. González Iglesias, spearheaded the operation, with key involvement from the commercial-M&A team and tax experts. The process included thorough due diligence and closing operations. Piedmont Advisors acted as the financial advisor for Sacytrans.
Sectors
- Logistics and Transportation
- Legal Services
- Corporate Finance
Geography
- Spain – The transaction occurs in Spain, with the companies involved operating within its borders, particularly focusing on the northern region.
Industry
- Logistics and Transportation – This industry pertains to the transport and storage of goods, relevant here as the acquisition involves two companies engaged in intermodal and road transport services.
- Legal Services – The legal services industry is involved due to the role of Ejaso in advising and executing the legal aspects of the acquisition.
- Corporate Finance – Corporate finance is relevant as Piedmont Advisors provided financial advisory services during the transaction.
Financials
- 60 million euros – The projected turnover for Logística Reyco after acquiring Sacytrans.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Logística Reyco | Buyer | Company | A transport operator expanding its reach in Northern Spain's intermodal sector. |
| Sacytrans | Target | Company | A logistics operator specializing in intermodal transport, based in Irún, Guipúzcoa. |
| Ejaso | Legal Advisor | Company | Legal firm advising Logística Reyco on the acquisition process. |
| Piedmont Advisors | Financial Advisor | Company | Financial advisory firm for Sacytrans. |
| Enrique A. González Iglesias | Lead Commercial-M&A Advisor | Person | Led the commercial-M&A team from Ejaso's Galicia office. |
| Blanca Monteoliva Pereira | Commercial-M&A Support | Person | Supported the commercial-M&A advisory process. |
| Irene Covelo González | Commercial-M&A Support | Person | Supported the commercial-M&A advisory process. |
| Alberto López Gómez | Partner in Tax Area | Person | Contributed tax expertise to the advisory process. |
| Javier Ares López | Tax Support | Person | Provided tax-related support. |
| Gabriel Salsín Lage | Tax Support | Person | Provided tax-related support. |