Tech-enabled supply chain manager Ligentia Group has completed its acquisition of VGL Solid to create a global supply chain management business with revenues of over £1 billion.
The company said the combination strengthens Ligentia’s presence on the Asia-Europe and and Transpacific trade lanes, at a time when customers are facing increasing complexity in managing their
international supply chains. Its technology platform will provide its customers’ planners and logistics teams a platform that connects s factories, carriers, customs, warehouses and delivery to the end customer.
Equistone bought into Ligentia in 2021.
Summary | |
---|---|
Sale price (USDm): | n/a |
Lead buyer(s): | Equistone -backed Ligentia |
Buyside legal advisor: | Addleshaw Goddard |
Sellside legal advisor: | n/a |
Lead seller(s): | n/a |
Entity being sold: | VGL Solid Group |
Reported date: | 03/10/2022 |
Close: | 03/10/2022 |
Sector: | Logistics |
Region: | Poland |
Transaction type: | bolt-on |