Logista

European economy 15th May 2024

Logista acquires remaining 30% stake in Dutch company Speedlink Worldwide Express

Link Securities | Europe’s leading logistics operator, announced yesterday that it has increased its stake in Dutch company Speedlink Worldwide Express, a specialist in express (time critical) deliveries to and from the Netherlands. The company announced in February 2022 the acquisition of 70% of Speedlink in a deal that saw Logista’s stake increase to 100%, a milestone it has reached through the purchase of the remaining 30%. Speedlink, based in…

European economy 3rd January 2024

Logista cements European expansion and position in pharmaceutical distribution with €8m acquisition of Belgium Parcels Service

Alphavalue/ Divacons| The company, one of the largest logistics operators in Europe, announced yesterday to the National Securities Market Commission (CNMV) the acquisition of Belgium Parcels Service (BPS), a company specialising in the express distribution of pharmaceutical parcels in Belgium and Luxembourg. The Europa Press agency indicated that the acquisition of 100% of BPS has been executed for a value of approximately €8 million, subject to the closing of the…

In Europe 7th October 2023

Logista shares hit by UK tobacco ban; tobacco business accounts for 57% of sales

Banc Sabadell: Shares fell -1.7% in Thursday’s session after British Prime Minister Rishi Sunak suggested the possibility of a vote on a total ban on the sale of tobacco in the UK to new generations. This would raise the legal age for buying tobacco by one year every year, so that those born after a certain year would not be able to buy tobacco legally for the rest of their…

Markets, Spanish economy, Spanish Small & Mid Caps 9th December 2020

Logista, Recognized As A World Leader In Sustainability In The CDP “A List” For The 5th Year In A Row

Logista, a leading distribution company in southern Europe, was recognized as a world leader in sustainability by CDP, an international non-profit organization, by entering its prestigious A List for its fight against climate change. This is the fifth year in a row that Logista achieves this recognition, being the first European distributor to achieve it over such a long period of time.