Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) completed the acquisition of LOG-STICA Y TRANSPORTE PARA LA INDUSTRIA DE LA SALUD, SA DE CV.
August 23, 2022
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Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) agreed to acquire LOG-STICA Y TRANSPORTE PARA LA INDUSTRIA DE LA SALUD, SA DE CV for approximately MEX 1.6 billion on March 17, 2022. The transaction is subject to regulatory approval. TRAXI+N expects immediate synergies to be realized. Rafael Robles Miaja, Gerardo PTrez-ChowMartfnez and Emilio Mi±on of Robles Miaja Abogados acted as legal advisors to Grupo Traxi=n. Luis A. Nicolau GutiTrrez, Gabriel Robles Beistegui and HTctor Garza Cervera of Ritch Mueller SC acted as legal advisors to Logfstica y Transporte para la Industria de la Salud (Medistick) and the selling shareholders
Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) completed the acquisition of LOG-STICA Y TRANSPORTE PARA LA INDUSTRIA DE LA SALUD, SA DE CV for approximately MEX 1.6 billion on August 24, 2022.
Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.