Compañía de Distribución Integral Logista Holdings, S.A. completed the acquisition of a 60% stake in Transportes El Mosca S.A. for €98.2 million.
October 27, 2022
Share
Compañía de Distribución Integral Logista Holdings, S.A. (BME:LOG) agreed to acquire a 60% stake in Transportes El Mosca S.A. for approximately €110 million on June 17, 2022. The consideration will be paid in cash. The acquisition of the remaining 40% will be over the course of the next three years. In 2021, Transportes El Mosca recorded sales of approximately €250 million and EBITDA of €25 million. Closing of the transaction is expected to occur around September/October 2022, once the necessary authorizations and approvals have been received from national authorities and the European Union. As of October 3, 2022, the transaction has been approved by the National Markets and Competition Commission (CNMC). Ernst & Young, S.L. acted as financial advisor and due diligence provider to Transportes El Mosca S.A.
Compañía de Distribución Integral Logista Holdings, S.A. (BME:LOG) completed the acquisition of a 60% stake in Transportes El Mosca S.A. for €98.2 million on October 28, 2022.
Compañía de Distribución Integral Logista Holdings, S.A. specializes in the distribution, transportation and logistical services. The group's activity is primarily organized into five sectors:
- distribution of tobacco products;
- distribution of consumer goods: foods, beverages, stamps, phone cards, etc.;
- transportation services: primarily transportation of documents and merchandise;
- distribution of books, newspapers and magazines.
At the end of September 2023, the group served more than 200,000 points of sale (tobacco shops, pharmacies, perfume stores, bookstores, convenience stores, etc.) located in Europe through a fleet of vehicles, both company-owned and subcontracted.
Net sales are distributed geographically as follows: Spain and Portugal (35.8%), Italy (34.1%) and France (30.1%).
COMPAÑÍA DE DISTRIBUCIÓN INTEGRAL LOGISTA HOLDINGS, S.A. 
