5 Jul 2023
Managers visit warehouse

EY advised shareholders of Logistikas in the company’s sale to Logent

Authors
Ville Rissanen

Director, TMT Corporate Finance, EY Finland

Hands-on M&A professional looking to make clients amazed and happy. Speaks about football at lunch.

Ollipekka Kotkajuuri

Associate Partner, Strategy and Transactions, Corporate Finance, EY Finland

Experienced transaction professional and Certified Adviser in Nasdaq First North Growth Market. Sports enthusiast, global citizen and a friend of good food.

5 Jul 2023
Related topics Strategy and Transactions

Logent AB (“Logent”) has acquired Logistikas Oy (“Logistikas”), a leading provider of industrial logistics services.

Logistikas, a leading Finnish industrial logistics company, offers local logistics, in-house logistics and immediate-proximity warehousing services, logistics expert services and comprehensive procurement services. The company operates in 10 locations in Finland, both at its own logistics centres and at customer premises responsible for in-house logistics. In the financial period 2022, net sales were EUR 31.8 million and EBITDA was EUR 2.4 million

Logent is a Swedish logistics company backed by Stirling Square Capital Partners. The company’s services include Warehouse Management, Transport Management and Customs, Port and Combined Terminals, Staffing Services and Consulting Services. Logent has grown to a turnover of about SEK 2.2 billion and employs approximately 3,000 people. As a Nordic contract logistics expert, Logent offers a strong foundation for the further development of Logistikas’ business.

More information can be found on KH Group's press release.

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Strategy and Transactions page.

Summary

EY Corporate Finance acted as the exclusive financial advisor to the shareholders of Logistikas in the transaction. In addition, EY provided financial due diligence and commercial support services.

About this article

Authors
Ville Rissanen

Director, TMT Corporate Finance, EY Finland

Hands-on M&A professional looking to make clients amazed and happy. Speaks about football at lunch.

Ollipekka Kotkajuuri

Associate Partner, Strategy and Transactions, Corporate Finance, EY Finland

Experienced transaction professional and Certified Adviser in Nasdaq First North Growth Market. Sports enthusiast, global citizen and a friend of good food.

Related topics Strategy and Transactions