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 |