Ciclad completed the acquisition of a majority stake in VT Logistics.

Ciclad, a private equity firm, completed the acquisition of a majority stake in VT Logistics, a fright fowarding agent. Financial terms were not disclosed. “We are happy to support this talented team in this growth project. Since its creation, Julien Toscano and Sébastien Vens have built and enriched an IT platform to manage all transport issues while controlling data. In a structurally growing market, we are convinced that the business knowledge of the teams combined with the power of this tool will enable VT Logistics to grow strongly in the coming years," Hugues de Gastines, Ciclad Director.