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Announced

Logista to acquire a 70% stake in Speedlink Worldwide Express.

Synopsis

Logista, a distributor of consumer durables, agreed to acquire a 70% stake in Speedlink Worldwide Express, a provider of logistics services. Financial terms were not disclosed. "I am pleased to announce the acquisition of Speedlink, a long-standing partner of Nacex with whom we share a similar culture based on the service we provide to our customers. With this transaction, we are expanding our service portfolio, while also laying the foundations for Nacex's international development," Íñigo Meirás, Logista CEO.

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