Workflow
Transport Management
icon
Search documents
Logent Group acquires HUB logistics Finland Oy and announces the intention to issue subsequent notes
Globenewswire· 2025-06-12 18:12
Group 1 - Logent Finland Bidco Oy, an indirect subsidiary of SSCP Lager BidCo AB, has agreed to acquire all shares of HUB logistics Finland Oy, with the acquisition expected to close on June 23, 2025, subject to customary conditions [1] - The acquisition aims to enhance Logent's service offerings and value delivery in the Finnish market and Northern Europe [4] - After the acquisition, Logent is projected to achieve pro forma Net Sales of approximately SEK 2.7 billion and Adj. EBITDA of around SEK 270 million by the first quarter of 2025 [5] Group 2 - Logent has mandated Nordea Bank Abp and Pareto Securities AS as joint bookrunners for a Subsequent Notes Issue, with an expected volume of SEK 200 million [2] - The net proceeds from the Subsequent Notes Issue will be used for the acquisition, transaction costs, and general corporate purposes, leading to an aggregate outstanding nominal amount of SEK 1,050 million under the notes loan [3] - The company reports a pro forma net debt position of approximately SEK 1,010 million after the acquisition [5] Group 3 - Logent is an independent logistics partner with a Nordic base, offering a wide range of services including warehouse design, transport management, and staffing services, achieving a turnover of about SEK 2.4 billion since its inception in 2006 [8]
SSCP Lager Bidco AB (publ) – Interim report for first quarter 2025
Globenewswire· 2025-05-27 12:00
Company Overview - SSCP Lager BidCo AB (publ) has published its interim report for the first quarter of 2025, covering the period from January 1 to March 31, 2025 [1] - Logent Group, the company under SSCP Lager BidCo AB, operates as a comprehensive and independent logistics partner with a Nordic base and global networks [3] - Logent has achieved a turnover of approximately SEK 2.3 billion since its inception in 2006 and currently employs around 2,800 people [3] Financial Information - The interim report for Q1 2025 is available for download on the company's website [1] - The report is part of the company's obligations under the EU Market Abuse Regulation and Swedish financial regulations [2][4]