International transportation and logistics company based in North America is looking for a logistics company preferably in one of the EU countries. The buyer is particularly interested companies operating in one of the EU countries.
The buyer is a strong third party logistics company based in North America with over 1.5 million square feet under management. The buyer has multiple locations in large cities of USA and Canada, the company is specialized in the apparel sector.
The company provides comprehensive warehousing and distribution services for storing and transportation of goods, the company specializes in apparel and FMCG sector. The company has more than 40 years of history and is profiled now as one of the leaders in the North American logistics market
This potential acquisition would be the first acquisition in Europe for the buyer. The buyer is looking for a performing or non-performing asset to acquire. The target facility size would be between 50k -100k square feet with 20+ foot ceilings. As the buyer deals in soft goods, the company is not looking to acquire an operation that houses chemicals and food products due to the risk of cross-contamination.
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The buyer decided to expand into the European logistics business and is looking for a 3PL company in Europe. The buyer would prefer a warehouse operation and not the corresponding transportation side of the business as the buyer likes to contract out this service.
The management of the buyer will prefer an underperforming asset, that could benefit from the implementation into a larger group. The buyer is an apparel focused company, so any 3PL company that stores chemicals or food would not work due to the risk of contamination.
The buyer is looking mainly for a company that is asset-light, with a limited number of transportation vehicles and trucks. It would be a great advantage if the company had a strong warehouse operation that would be able to service the clients of the buyer.
Feel free to contact us for more information about this transportation company in Europe wanted or if you know possible interested or suited parties. For more buyers of transportation companies please visit the section transportation companies wanted. For transportation companies for sale visit the section transportation companies for sale.
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