newstodate.aero
Feb 06, 2023 (newstodate): The Danish logistics group Scan Global Logistics has restructured its capital base in a move to secure further expansion by growth and new acquisitions.
Stepping in is the Luxembourg-based investment company CVC Capital Partners Fund VIII acquiring a majority shareholding in the company from an investor group led by AEA Investors Small Business Private Equity.
The transaction will see both AEA and management co-invest alongside CVC as a testament to their conviction about the future prospects of the business shared between current and future owners.
-It will be business as usual for our customers and suppliers, says Allan Melgaard, Scan Global Logistics CEO, emphasizing that the transaction relates solely to the financial structure and ownership of SGL.
The transaction is subject to regulatory approval and specific financing conditions.
With more than 3,300 employees, SGL offers a full suite of end-to-end services from over 150 locations in 45 countries.
Stepping in is the Luxembourg-based investment company CVC Capital Partners Fund VIII acquiring a majority shareholding in the company from an investor group led by AEA Investors Small Business Private Equity.
The transaction will see both AEA and management co-invest alongside CVC as a testament to their conviction about the future prospects of the business shared between current and future owners.
-It will be business as usual for our customers and suppliers, says Allan Melgaard, Scan Global Logistics CEO, emphasizing that the transaction relates solely to the financial structure and ownership of SGL.
The transaction is subject to regulatory approval and specific financing conditions.
With more than 3,300 employees, SGL offers a full suite of end-to-end services from over 150 locations in 45 countries.