Announced
Synopsis
Mutares, a German-based holding company, agreed to acquire Lineage Spain Transportation, a company specializing in temperature-controlled transportation from Lineage Logistics, a warehousing and logistics company. Financial terms are not disclosed. “We are excited to announce another transaction within the logistics sector to strengthen our European presence in this platform. Together with the Mutares team and our profound expertise, we see great potential based on an operational improvement plan as well as a positive outlook for the Spanish logistics market and rising retail demand, to sustainably position Fuentes for the future,” Johannes Laumann, Mutares CIO.
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