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.
|Sale price (USDm):||n/a|
|Lead buyer(s):||Equistone -backed Ligentia|
|Buyside legal advisor:||Addleshaw Goddard|
|Sellside legal advisor:||n/a|
|Entity being sold:||VGL Solid Group|