Equinox to acquire a 60% stake in Modulblok.

Equinox, a private equity company, agreed to acquire a 60% stake in Modulblok, a warehousing and logistics company. Financial terms were not disclosed. “After having grown internally and having developed all our potential, while strengthening our financial position, in the last year we have explored the market in which we operate at a national and international level, realizing that there is important room for growth externally and the possibility of further expansion of our company. At this point it was important to identify a partner who would accompany us in this new phase and we found unity of purpose with Equinox, which will support us in this path of further growth and development,” Mauro Savio, Modulblok President.