BAUM advises on the integration of the company BION LOGISTICA Y TRANSPORTE into the ABC LOGISTIC group
Asesores Legales Baum has advised on the relevant transaction, which generates important operational and commercial synergies and gives rise to a company with aggregate sales of around 38 million euros.
In this way, the ABC Logistic group, based in Santander, reinforces its growth strategy with the acquisition of Bion Logistica y Transporte, specialized in international groupage. The group expects organic growth of between 8 and 10% per year over the next three years. Both companies are expanding their product and customer portfolios.
The integration of Bion Logistica y Transporte will enable the ABC Logistic group to double in size. It will also double direct employment, from 41 to 84 people, and indirect employment, with nearly 150 self-employed carriers working with stability for the group.
Bion Logistica y Transporte has its facilities in the transport center of Irun (Zaisa), where it operates in a 2,500 m2 warehouse, with its own fleet of more than 100 large vehicles, which is constantly being renewed. Bion recently incorporated new routes to Eastern European countries, and reinforced its services to northern Italy, southern Germany and France, by expanding its network of Partners.
ABC Logistic's activity is divided into three lines of business, each of which is carried out by a different company. ABC Logistic & Intermodal Services is responsible for intermodal transport, with direct or transhipment and land transport for the Netherlands, the United Kingdom and Ireland, throughout the Iberian Peninsula and France, with a strong presence in the north. An activity that has registered a 50% growth in the first four months of 2021. As for ABC Logistic & Ecocargo, it is in charge of domestic transport within the Iberian Peninsula, and Alava Logistica Activa manages a 5,000 m2 multi-client warehouse in Vitoria.
