M&A Deal Summary

Logent Acquires Logistikas

On June 30, 2023, Logent acquired transportation company Logistikas from KH Group for 24M EUR

Acquisition Highlights
  • This is Logent’s 1st transaction in the Transportation sector.
  • This is Logent’s 0th largest (disclosed) transaction.
  • This is Logent’s 1st transaction in Finland.

M&A Deal Summary
Date 2023-06-30
Target Logistikas
Sector Transportation
Buyer(s) Logent
Sellers(s) KH Group
Deal Type Add-on Acquisition
Deal Value 24M EUR

Target

Logistikas

Rauma, Finland
Logistikas provides local logistics, in-house logistics, and immediate-proximity warehousing services. In addition, they also provide consultation and procurement services. Logistikas operates at six locations in Finland in its own logistics centers, as well as at customers’ premises, attending to in-house logistics. Logistikas was founded in 1997 and is based in Rauma, Finland.

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Buyer(S) 1

Buyer

Logent

Stockholm, Sweden
Category Company
Founded 2006
Sector Transportation
Employees3,000
Revenue 1.3B SEK (2013)
DESCRIPTION

Logent is an independent contract logistics partner to logistics-intensive companies in Sweden and Norway. Logent was founded in 2006 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

KH Group

Investor Investor Investor

Category Private Equity Firm
Founded 2012
Size Small
Type Sector Agnostic
DESCRIPTION

Sievi Capital Oyj is a publicly traded investment company that invests in small and medium-sized businesses throughout Scandinavia. The Firm does not have any sector preferences and typically targets profitable companies with growth potential. Sievi Capital Oyj was formed in 2011 and is headquartered in Helsinki.

DEAL STATS #
Overall 5 of 5
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 5 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Suvanto Trucks

Turku, Finland

Suvanto Trucks is an operator of Finland's independent used truck seller. Suvanto Trucks' revenue mainly consists of the sale of used trucks and auxiliary equipment, new truck sales, spare parts sales, and leasing services. Suvanto Trucks was founded in 2010 and is based in Turku, Finland.

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