BaltCap has completed the acquisition of the international logistics company Xpediator, which controls the forwarding and cargo transportation company Delamode Baltics in Lithuania.
BaltCap, the Baltics' largest private equity fund manager, obtained Xpediator, a fast-growing international freight management company, alongside co-investors after a successful offer in April. Under the Delamode brand, Xpediator provides freight-forwarding, logistics, and transport support solutions in CEE and the UK. The consortium intends to expand the company's core freight-forwarding offerings across Europe and beyond, as well as to build UK-based businesses.
Taking Xpediator private will allow it to pursue new growth prospects and position itself as a leader in global supply chain solutions for our region. "BaltCap will assist Delamode expand its core freight-forwarding activities in the CEE region, as well as develop logistics operations in the UK and Romania," - Šarūnas Alekna, a Partner at BaltCap noted. "We are confident that our local presence and 25 years of experience in developing regional business champions will help management realize the company's vision," he added.
This deal is significant for the Baltics because it is the first take-private transaction on the London Stock Exchange by a Baltic investor.
/ Our united project team prosperously assisted the client on M&A, financing and coordinated merger control as well as FDI proceedings in Lithuania, Latvia, Estonia and Romania. Congratulations to them & to our clients
