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Septentrion Finance has advised Log’s (Deret Group) on its acquisition of SPLE (Patoux Group)


21/06/2024



LOG’S achieves further external growth with the acquisition of SPLE, a subsidiary of Patoux Group

LOG’S continues its expansion by acquiring SPLE, a subsidiary of the Patoux Group specializing in B2B storage and handling of specialized products for industrial clients in the food, pharmaceutical, and glassware sectors.

This acquisition aligns perfectly with LOG’S development strategy to enhance its service offering for current and future clients. The takeover strengthens LOG’S expertise in industrial logistics services, which now represents 25% of its activities.

It also enables LOG’S to reinforce its territorial network by consolidating its presence in the Hauts-de-France and Picardy regions, further securing its position as a leading logistics provider in northern Paris.

The transaction involves the acquisition of three logistics sites: a 28,000 m² site located in Arques (62) and two sites of 15,000 m² and 48,000 m² in Villers-Bretonneux (80).

All three sites meet the stringent requirements of the food and pharmaceutical sectors (ISO 22000 certification) and support their industrial clients through tailored logistics solutions addressing their specific needs: upstream/downstream logistics services for industry and distribution, inbound and outbound transport, co-packing activities, product labeling, repackaging, returns management, and unpacking of bags and Big Bags (cracking station)...
 


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Buy-side advisors:
 

  • M&A: Septentrion Finance (Damien Barenne, Pierre-Henry Martin)
  • Legal: Stéphan Blavier (Juridis Conseil)
           




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