Announced
Synopsis
Private equity firm HIG Capital agreed to invest in Makios Logistics, a provider of integrated logistics services and a specialist in temperature-controlled warehousing in Greece. Financial terms were not disclosed. "We are partnering with the company and its management as the ideal platform to grow and execute on HIG’s logistics strategy in the region. Makios already possesses state of the art facilities and systems and together with HIG’s hands-on operational approach, we plan to grow it into a regional champion. This transaction is another example of our ability to source off-market deals with significant value-add potential. We look forward to supporting the Makios team through the company’s next exciting phase of organic and inorganic growth," Stelios Theodosiou, HIG Principal.
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