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18 August 2022 The on-line newspaper devoted to the world of transports 19:40 GMT+2

July 19, 2022

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21 Invest sells Polish logistics company VGL Solid English-style Group Ligentia

The Gdynia-based company has a network of 28 branches and employs 800 dependents

21 Invest, a European investment group founded and led by Alessandro Benetton based in Italy, France and Poland, has completed the sale of the subsidiary VGL Solid Group, a company Polish logistics, to the English sector operator Ligentia, company co-invested by Equistone Partners Europe.

VGL Solid Group operates through a network of 28 branches and employs 800 people. Gdynia's company is the main Polish logistics operator and is a market leader in Central Europe. The company provides services of shipping and transport by land, sea and air with destinations national and international and is specialized in management of all the logistics processes of the supply chain, from the phases of procurement until the delivery of the goods.

Specifying that since 2018 the development path of VGL is has been supported by its local Polish team, 21 Invest has highlighted that in the investment period VGL Solid Group has successfully acquired and integrated Solid Logistics, according to Polish logistics operator, further consolidating its position on the Central European market and which have also been made significant investments in automation and digitalization, increasing the operational efficiency of the group and creating services dedicated to the needs of heterogeneous customers for sector and size.

In the four-year period from 2018 to 2022 VGL has quadrupled the turnover, with over 400 million euros expected at the end of 2022 and CAGR staff of over 25% (40% considering acquisitions).

"This operation - commented Alessandro Benetton, founder and managing partner of 21 Invest - is among the most satisfactory in the history of 21 Invest and proves that our vision is transversal, sharing the same approach of long-term value creation among the Italian team, French and Polish'.

ADSP Tirreno Centrale
PSA Genova Pra

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