Private equity fund creates European logistics player
Axcel, a Scandinavian private equity fund, is purchasing the companies Carousel and Danx from the founders and former investors to create a pan-European logistics network for critical logistics services. The partners in the new group, with an annual turnover of around EUR 190... more
Circular Haven in Antwerp in the making
The first two concessionaires are breathing life into the Next Gen District in the Port of Antwerp. The commitment of Triple Helix and Bolder Industries is the first step towards the creation of a future hotspot for the circular economy. The partners hope to attract a cluster of... more
Continentals wrap up acquisition in UK
Nagel Group and Stef Group have completed their acquisition of Langdon Group in UK after receiving the green light from the regulatory authorities. Specialising in national temperature-controlled transport, the Langdon Group focusses on the import and export of fresh and frozen... more
Panattoni invests in Hungary
After setting up an office in Hungary only six months ago, real estate developer Panattoni has already put two projects in the country in motion. On the plot purchased in Herceghalom, 30 km from the centre of Budapest, Panattoni Park Budapest West will be built with a total... more
NT Logistics buys specialist in Montana
3PL NT Logistics, a transport management and logistics company based in Frisco, TX (USA), has acquired a number of assets from Navigator Direct, a transportation broker and logistics service provider based in Billings, Montana. The sales price of the transaction was not... more
Schneider buys MLS
Wisconsin-headquartered Schneider National is acquiring Ohio-based truckload carrier Midwest Logistics Systems (MLS). MLS has about 1,000 professional drivers, an important asset in times of driver shortage, and 900 tractors in 30 different locations in USA. While its annual... more
New facility near Madrid
Singapore-based GLP has announced the lease of a warehouse in Madrid to an American e-commerce company. On a 70,000 sqm plot, the logistics real estate company is developing a facility spanning approximately 17,000 sqm. Close to the capital Madrid, the surrounding G-Park... more
More clients in the Midlands
The Segro Logistics Park East Midlands Gateway has sold two more units in UK. The logistics company Arvato agreed a lease for a 95,000 sqm surface in September 2021, whilst it was still under construction. The provider has also signed a pre-let agreement with a supply chain... more
Logistics platform for landlocked Uganda
India-headquartered Kale Logistics Solutions (Kale), an IT solutions provider in logistics, has partnered with PSFU (Private Sector Foundation Uganda) to offer a logistics e-marketplace in the landlocked African country. The e-marketplace is an online portal for booking... more
For more frozen online orders
Seafrigo Group, a provider of temperature-controlled food logistics, is opening a new dedicated facility for specialist chilled and frozen goods in New Jersey in 2022. Already operating from four facilities in the same area, the new 26,000 sqm warehouse will provide... more