Advised on Sale of Company
Transport & LogisticsAcquired Majority Control of Business Operations
On 18th March 2022, Poste Italiane S.p.A. signed a binding agreement for the acquisition of 100% of Plurima from the Group's shareholders for an Enterprise Value of € 130 million.
Plurima is leader in Italy in hospital logistics and document management services mainly for private and public hospitals. The Group operates with a fleet of about 290 vehicles and has a widespread presence in the regions of central and northern Italy.
In 2021, the Group generated around € 60 millions in aggregated revenues and around € 10 millions in EBITDA. The transaction has a strong strategic rationale as it will allow Poste Italiane to continue its repositioning process as a wide-ranging logistics operator.