Lead Equities' JCL Logistics acquires Logwin assets
Lead Equities' portfolio company JCL Logistics has acquired the road and rail activities of logistics company Logwin.
Logwin AG had acquired these businesses formerly known as Delacher Group in 2000. Presently, the group generates sales of roughly €170m.
JCL Logistics, with its headquarters located in Werndorf, Austria, operates contract logistics activities in the fields of sea and air, road and rail, fashion and furniture in more than 20 countries and 50 locations. The company employs 1,500 people and has a turnover of more than €350m.
Lead Equities Group acquired a 49% stake in JCL Logistics in 2008. The acquisition of the former Delacher Group marks the fifth bolt-on acquisition since that time.
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