Everwood Capital’s Transport and Logistics Fund Acquires AGSA LOGISTICS

Everwood Capital's Transport and Logistics Fund has acquired the entire capital of AGSA LOGISTICS (Aduanas Ginjaume), a comprehensive logistics operator specialized in freight forwarding and customs management, based at the Port of Barcelona.

AGSA is a family-owned company created in 1982 that works with a portfolio of 400 clients, managing more than 35,000 customs clearances annually, 8,000 international transports, and 10,000 domestic shipments. It also offers warehousing, transportation, and maritime and air forwarding services.

The company has over 6,000 square meters of warehouses located in the industrial belt of Barcelona, employs 46 people, and has 100 correspondent agents in more than 40 countries. The annual turnover is about €9 million, primarily with clients from the pharmaceutical, chemical, industrial, and technological sectors.

Everwood Capital will help drive the company's growth and transformation, maintaining its management team led by the current General Manager and founder, Albert Ginjaume.

Albert Ginjaume stated, "The entry of Everwood Capital will provide us with resources and expertise to complete our digital transformation, align the company with ESG criteria, and accelerate our growth and expansion into other markets and sectors. This will also help us offer a better and more comprehensive service to our clients."

Everwood Capital is a fund manager created in 2015 by Alfredo Fernández Agras and José Antonio Urquizu Echeverría, managing several investment vehicles. A year ago, it created a new fund to invest in transport and logistics, led by partners Juan José Andrés Alvez and Francisco Diego Solís, two professionals with extensive experience in managing logistics groups and multinationals.

Juan José Andrés commented, "The acquisition of AGSA aligns with the Fund's strategy to invest in solid companies with growth prospects, both organic and inorganic, digitalization opportunities, and potential for horizontal and/or vertical integration."

In this case, the operation also strengthens the customs management vertical of the fund, which acquired Partida Logistics, a leader in customs management at the Port of Algeciras, a year ago. With this new acquisition, the customs management vertical has a presence in the ports of Barcelona, Algeciras, Motril, Almería, and Tangier (Morocco).

This is the fourth acquisition by Everwood Capital’s Transport and Logistics Fund, which, in addition to AGSA and Partida Logistics, purchased Transaez, a logistics operator based in La Rioja specializing in cold &temperature controlled foodtransportation, warehousing, and distribution, earlier this year. A few weeks ago, it announced the acquisition of a majority stake in MARESA LOGISTICA, a leading forwarder between the peninsula and the Canary and Balearic Islands.

The Fund, created by Everwood to invest in the transport and logistics sector in the Iberian Peninsula with a target size of €200 million, includes family offices and private banking clients among its investors. It is currently being marketed by Andbank España and Sássola Partners, with a new closure expected this July, incorporating new investors.

EDITOR'S INFORMATION

AGSA LOGISTICS (ADUANAS GINJAUME SA) is a comprehensive logistics operator with over four decades of experience in freight forwarding and customs management, national and international transportation, warehousing, and maritime and air forwarding. The company has 6,000 square meters of its own warehouses and over 400 active clients, handling more than 35,000 customs clearances and 18,000 transports annually. It employs 46 professionals and 100 correspondent agents providing coverage in more than 40 countries.

Everwood Capital is an alternative investment fund manager regulated by the CNMV, created in 2015, managing several investment vehicles with a strong specialization in renewable energies and transport and logistics. Everwood Capital has a solid and committed team for all its projects, with a proven successful track record. Its professionals have executed transactions worth over €100 billion in various sectors and investment fields, currently managing approximately €900 million in assets.