Announced
Completed
Financials
Sources
Tags
logistics facilities
Friendly
Single Bidder
Cross Border
Completed
Spain
Third Party Logistics (3PL)
Private
Italy
Netherlands
Acquisition
France
Majority
Germany
Poland
Synopsis
Prologis, a logistics real estate firm, completed the acquisition of the logistics facilites of MARK-backed Crossbay, a pan-European last-mile logistics platform, for $1.6bn. “This acquisition underscores our ongoing ability to provide our customers with quality urban logistics locations and opportunities beyond the real estate near highly populated areas that serve their growth needs,” Ben Bannatyne, Prologis President.
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