MCF advised Euroports Group on the acquisition of a substantial part of BB Logistics
Euroports Group is a leading port-centric platform and one of the largest port infrastructure operators with a wide footprint of more than 50 terminals and logistic platforms strategically located on key global trade routes in Europe and China. In the transaction the Finnish subsidiary of Euroports Group, Euroports Finland Ltd, acquired a substantial part of BB Logistics Ltd.
BB Logistics is a fast-growing, reliable logistics service provider operating in five ports in Finland – Kemi, Oulu, Kristiinankaupunki, Kaskinen, and Hamina. This acquisition will complement Euroports Group’s position both from a geographic as well as a commodity perspective in the Baltic Sea area.
In this transaction, MCF provided financial advisory services and facilitated the transaction by its proven ability to structure and execute transactions in the logistics sector.
The Deal
Euroports Finland Ltd, part of Euroports Group, is Finland’s leading full-service port operator with terminals in Rauma, Hanko, and Pietarsaari
Euroports Group sees that this acquisition will complement their position both from a geographic as well as a commodity perspective in the Baltic Sea area. For Euroports Finland Ltd, this transaction enables them to serve their existing and new customers with a wider range of services everywhere in Finland.
Through the partnership, BB Logistics will be even stronger in continuing to support their customers to be successful worldwide. BB Logistics has 40 employees, who will continue to work for the company. The name of the company and the current management team will remain unchanged.
The Target
BB Logistics is a fast-growing, reliable logistics service provider operating in five ports in Finland – Kemi, Oulu, Kristiinankaupunki, Kaskinen, and Hamina. Responsibility is at the heart of the operations, and this is reflected in the focus on safety, environment, and quality.
About Euroports Group
Euroports Group is a leading port-centric platform and one of the largest port infrastructure operators with a wide footprint of more than 50 terminals and logistic platforms strategically located on key global trade routes in Europe and China.
As the market leader in essential bulk and breakbulk commodities, Euroports handles roughly 62 million tons of goods across 10 different end-markets.
Euroports Group has a workforce of more than 3,000 employees.
