Add-on Acquisition • Transportation

General Logistics Systems B.V. Acquires ASM Transporte Urgente Andalucia SA

On June 20, 2016, General Logistics Systems B.V. acquired transportation company ASM Transporte Urgente Andalucia SA for 71M EUR

Acquisition Context
  • This is General Logistics Systems B.V.’s 1st transaction in the Transportation sector.
  • This is General Logistics Systems B.V.’s 4th largest (disclosed) transaction.
  • This is General Logistics Systems B.V.’s 1st transaction in Spain.

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M&A Deal Summary

Date June 20, 2016
Target ASM Transporte Urgente Andalucia SA
Sector Transportation
Buyer(s) General Logistics Systems B.V.
Deal Type Add-on Acquisition
Deal Value 71M EUR

Target Company

ASM Transporte Urgente Andalucia SA

Málaga, Spain
ASM Transporte Urgente Andalucia SA is an express parcels delivery company. ASM was established in 1987 and is headquartered in Málaga, Spain.
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Buyer Overview 1

Buyer

General Logistics Systems B.V.

Oude Meer, Netherlands

Category Company
Founded 1999
Sector Transportation
Employees14,000
DESCRIPTION

General Logistics Systems B.V. is a provider of reliable, high-quality deferred parcel services for over 220,000 customers. General Logistics Systems B.V. was established in 1999 and is headquartered in Oude Meer, Netherlands.


Deal Context for Buyer #
Overall 1 of 6
Sector: Transportation 1 of 6
Type: Add-on Acquisition 1 of 6
Country: Spain 1 of 1
Year: 2016 1 of 2
Size (of disclosed) 4 of 6
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Golden State Overnight Delivery Service

Pleasanton, California, United States

Golden State Overnight Delivery Service, Inc. is a provider of regional next day delivery services. GSO customers enjoy a high level of customer service, including later pickup times, earlier deliveries, dedicated service representatives, and package tracking, all at market leading prices.

Buy $90M