Monday February 17th, 2020
IMAP Albia Capital advises LTK in the incorporation of RHENUS LOGISTICS as a Strategic Partner
IMAP Albia Capital has advised the shareholders of OPERADORES DE LOGÍSTICA INTEGRAL LTK on the acquisition of RHENUS LOGISTICS as a strategic partner for the company.
With the acquisition of 100% of the corporate capital, RHENUS LOGISTICS has gained entry to the Spanish contract-logistics market through a company with a leading position in sectors with very high quality and efficiency standards. Specifically, OPERADORES DE LOGISTICA INTEGRAL LTK is a supplier of key logistical services for some of the main companies within the aeronautical sector in Spain. Thanks to the know-how developed at the company, RHENUS LOGISTICS will also seek to consolidate its presence in the aeronautical sector at a European level.
According to Andreas Plikat, General Manager of Rhenus Warehousing Solutions Europe, ‘LTK warehouses will contribute to the future expansion of Rhenus Warehousing Solutions in Spain. With this acquisition, we hope to take advantage of the growth opportunities in the Spanish aerospace sector and commence operations in the European aeronautical market through our recently-acquired experience and the support of a specialist such as LTK’.
About OPERADORES DE LOGÍSTICA INTEGRAL LTK
Founded in 2002, OPERADORES DE LOGÍSTICA INTEGRAL LTK (www.ltkgrp.com), with its headquarters in Madrid and over 26,000 sq. m. of storage space spread across a variety of autonomous regions such as Andalusia, the Basque Country, and Madrid, is a company specializing in logistical services for the aerospace industry and the automotive sector.
Its main activities include the management of the chain of supply, procurement, inverse logistics, and spare-parts logistics. Likewise, it carries out quality controls, as well as ground support for aircraft.
About RHENUS LOGISTICS
RHENUS LOGISTICS (www.rhenus.group) is the benchmark company in logistics and transport in Europe. With turnover in excess of 5,100 million euros and 660 sites around the world, the company can ensure maximum reliability and results in all of its areas of activity.
With this transaction, RHENUS LOGISTICS enters the Spanish ‘contract-logistics’ market and acquires know-how, manpower, and information systems that are essential for performing this activity within the European aeronautical sector.
About IMAP ALBIA CAPITAL
IMAP Albia Capital is a firm specializing in mergers and acquisitions, and an exclusive member in Spain of the IMAP organization, with a presence in 43 countries. IMAP completed 234 transactions in 2019, and has consistently been one of the top 10 worldwide M&A consultants, and number one among the independent consultants.