Strategic consolidation and operational efficiency: M&A in the Logistics sector accelerates the transformation of transport in Spain
The third quarter of 2025 confirms the dynamism of the Transport and Logistics sector in Spain, driven by the integration of land, freight forwarding and last-mile operators, and by the growing participation of private capital in M&A transactions.
M&A in Spain within the Transport and Logistics sector is experiencing a moment of clear expansion. During the third quarter of 2025, the market registered 13 transactions, 30% more than in the same period of 2024, consolidating its role as one of the most active sectors of the Spanish economy. This growth is driven by the rise of e-commerce, supply chain digitization, and the pursuit of operational efficiency.
The sector, traditionally fragmented, is moving towards a more integrated and competitive model, where M&A in the Logistics sector acts as the main lever for transformation. Despite an international context marked by geopolitical tensions and disruptions on maritime routes, Spanish logistics has shown remarkable resilience, supported by its strategic position in southern Europe and its ability to adapt to new consumption and mobility patterns.
Consolidation and efficiency in M&A Logistics in Spain
The quarter’s analysis confirms a clear trend: logistics companies are using mergers and acquisitions (M&A) deals as a tool to gain scale and improve margins. 77% of transactions responded to a strategic rationale, focused on vertical integration, diversification of services and geographical expansion. 46% of the transactions were cross-border, reflecting the growing international interest in M&A companies in Spain and consolidating Spain as an attractive logistics market in the European context.
Land transport and last-mile logistics stand out as the most active subsectors, driven by the expansion of e-commerce and the need for more agile, technological and sustainable distribution. Companies are looking for operational synergies that allow them to optimize routes, reduce delivery times and improve traceability through the adoption of advanced management and tracking systems.
Among the most relevant transactions in the quarter were the acquisition of Sending by InPost, the purchase of Iberoforwarders by Mimpo Global Logistics, advised by Albia IMAP, and the expansion of Boluda Corporación Marítima, which has several international acquisitions. These transactions reflect the main market currents: last-mile consolidation, integration of freight forwarders and geographical diversification.
The common denominator is the search for efficiency and international coverage, factors that explain the attractiveness of M&A Logistics within the M&A Spain landscape. Logistics companies, both national and international, have intensified their activity to strengthen their competitive position in a context of strong pressure on costs and margins.
Private capital and sustainability: new drivers of transport
Private equity continues to play a key role in the evolution of the sector. Funds such as Nazca Capital, Mutares and Everwood Capital have promoted operations aimed at the professionalisation and modernisation of medium-sized companies, providing financing and knowledge to accelerate expansion and digitalisation processes. These investments are transforming a historically atomized sector into a more efficient and technologically advanced ecosystem.
The commitment to sustainability has become a determining factor. Companies are adapting their fleets to cleaner technologies, investing in electric vehicles, biofuels and automation, and developing multimodal models that integrate maritime, land and air transport. The transition to green logistics not only improves efficiency, but also increases the attractiveness of the sector for institutional investors, in line with ESG policies and European decarbonisation goals.
“The Transport and Logistics sector in Spain is in an exciting phase. Although it still maintains a high degree of fragmentation, there is a huge opportunity to continue to gain size, professionalise structures and create national champions capable of competing at European level. The consolidation process that has already been experienced in other countries is beginning to accelerate here, driven by investment, generational renewal and the search for efficiency.” Pablo Gómez, Partner at Albia IMAP
Current events in the sector and developments in M&A
The macroeconomic context has also been favourable. Despite inflation and global uncertainty, the sector has maintained steady activity. Payment terms to carriers, for the first time, are below the legal limit, evidencing an improvement in the financial soundness and liquidity capacity of logistics companies.
The growth of e-commerce, the digitalisation of processes and investment in sustainable infrastructure continue to drive the activity of Madrid and Barcelona, which concentrate most of the strategic transactions. Spain is consolidating, as well as a European logistics hub, thanks to its infrastructure network, its geographical position and its increasingly professionalised business fabric.
Impact and prospects of M&A Logistics
The sector’s outlook for 2026 is optimistic. Logistics M&A will continue to be an essential tool to strengthen competitiveness and accelerate the digital transformation of transport. The professionalization of medium-sized companies and the integration of new technologies will be decisive in maintaining competitive advantage.
Transport and logistics are consolidating themselves as strategic sectors within M&A in Spain, not only for their volume of operations, but also for their ability to generate added value. Structural stability and sustained profitability will continue to attract both financial and industrial investors.
M&A Logistics maintains its role as a driver of integration and innovation within Spanish transport. In this context, Albia IMAP, a financial advisory firm in Madrid, Bilbao and Barcelona, a member of the international IMAP network, present in more than 50 countries, consolidates its leadership in M&A Spain and in financial services and M&A, accompanying companies and investors in growth and internationalization processes.
To learn more about the Transport and Logistics sector or access the full report, contact our team at Albia IMAP, experts in M&A Spain, in www.albiacapital.com.
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