Divestiture • Transportation

NTG Acquires LGT Logistics

On July 20, 2021, NTG acquired transportation company LGT Logistics from Litorina Capital Advisors

Acquisition Context
  • This is NTG’s 1st transaction in the Transportation sector.
  • This is NTG’s 1st transaction in Sweden.

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M&A Deal Summary

Date July 20, 2021
Target LGT Logistics
Sector Transportation
Buyer(s) NTG
Sellers(s) Litorina Capital Advisors
Deal Type Divestiture

Target Company

LGT Logistics

Tibro, Sweden
LGT Logistics is a transporters of furniture and other large items, mainly for furniture manufacturers and furniture stores. LGT Logistics was founded in 1941 and is based in Tibro, Sweden.
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Buyer Overview 1

Buyer

NTG

Copenhagen, Denmark

Category Company
Founded 2011
Sector Transportation
DESCRIPTION

NTG is a transport company specialises in designing precisely the transportation you need by moving goods throughout Europe and the rest of the world by truck, ship and aircraft, with highly-skilled employees in the industry. NTG was founded in 2011 and is based in Copenhagen, Denmark.


Deal Context for Buyer #
Overall 1 of 2
Sector: Transportation 1 of 2
Type: Divestiture 1 of 1
Country: Sweden 1 of 1
Year: 2021 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-20 DTK Group

Padborg, Denmark

DTK Group is a provider of warehousing and logistics services within Europe and Scandinavia. DTK Group was founded in 1991 and is based in Padborg, Denmark.

Buy -

Seller Profile 1

SELLER

Litorina Capital Advisors

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 8.0B SEK
Size Large
Type Sector Agnostic
DESCRIPTION

Litorina Capital is a private equity firm that that invests in lower middle-market, privately held Scandinavian companies with an enterprise value of SEK 200 – SEK 1000 million. Sectors of interest include consumer goods, industrial, services, and information technology. The firm's investment horizon is three to seven years. Litorina Kapital was formed in 1998 and is based in Stockholm, Sweden.


Deal Context for Seller #
Overall 33 of 38
Sector: Transportation 3 of 3
Type: Divestiture 1 of 1
Country: Sweden 32 of 37
Year: 2021 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 Brodernas

Stockholm, Sweden

Brodernas is a premium casual dining and fast casual restaurant chain, targeting a broad public by serving high-quality smashed burgers, Neapolitan pizza and fresh salads in an inviting atmosphere with welcoming and service-oriented staff. Brodernas was founded in 2017 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 EuroFlorist

Malmo, Sweden

EuroFlorist is a flower retailer provides delivery services in 10 European countries. EuroFlorist Sverige was founded in 1982 and is based in Malmo, Sweden.

Sell -

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