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New Deal


Announced

Completed

Amatil X completed an investment in Kargo Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Indonesia

freight logistics

logistics

railroads

Friendly

Acquisition

trucking

Third Party Logistics (3PL)

Private

Private Equity

Single Bidder

trucking transportation services

Synopsis

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Amatil X, the venture capital arm of Coca Cola Amatil, completed the acquisition of Kargo Technologies, trucking marketplace startup. Financial terms were not disclosed. “Kargo Technologies is our first startup investment in Indonesia and we are excited to be partnering with them to improve our overall logistics capability. Kargo is fulfilling two key land transportation routes for us and we expect this to increase over time as Kargo’s network expands,” Kadir Gunduz, Coca-Cola Amatil President.

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