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New Deal


Announced

Completed

Elanders completed the acquisition of an 80% stake in Bergen Shippers for $124m.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales1.9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Freight Forwarding

Private

Acquisition

freight forwarding services

Majority

United States

Cross Border

Single Bidder

Completed

Synopsis

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Elanders, a Swedish printing company, completed the acquisition of an 80% stake in Bergen Shippers, an American supply chain management company, for $124m. "I’m really proud of how the company has grown, and the unique platform Bergen Logistics has developed over the past 20 years. Today we’re one of the leading players in contract logistics solutions for Fashion & Lifestyle brands in North America. Together with Elanders’ global network we can expand even further by offering Elanders’ customers ready-made solutions in North America. We’ll also be able to offer our existing customers global solutions, which are increasingly in demand," Ron Roman, Bergen President.

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