Spanish Coral Group now Belgian
The Belgian company H. Essers executed an acquisition in Spain in mid-September for all of the shares of the Spanish firm Coral Transports & Stocks, a family business that specialises in chemical and hazardous goods logistics. The company was founded in 1995 by the Comas family and has two branches in Barcelona, one in Madrid and one in Gran Canaria.
The firm operates more than 55,000 sqm of warehousing space, has 164 employees and a turnover of EUR 30 million a year. Coral, which is Seveso-certified, also offers overseas sea and air solutions, partly through cooperation with Iberteam.
H. Essers CEO Gert Bervoets says that he is banking on continuity. "Joan Comas, chairman of the board, will be part of an advisory committee, and his daughter Sandra Comas and son Oscar Comas will retain their roles as overseas and HSE director and commercial director respectively.” (sh)