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New Deal


Announced

CVC Capital Partners to acquire a majority stake in Scan Global Logistics from AEA Investors.

Synopsis

CVC Capital Partners, a Luxembourg-based French private equity and investment advisory firm, agreed to acquire a majority stake in Scan Global Logistics, a global transport and logistics provider, from AEA Investors, an American middle market private equity firm. Financial terms were not disclosed. "Our people are our most valuable asset. We want to become the industry's preferred workplace, attracting the best talent with a defined ambition of becoming the most purpose-driven logistics company in the world. We are ambitious and believe that we can reach our revenue target of more than $5bn during the next few years by continuing to leverage our entrepreneurial culture, agile decision making, and high customer satisfaction obtained through tailored competitive logistics solutions," Allan Melgaard, SGL Global CEO.

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