The Romero Group sold the majority of the shares of Ransa to an affiliate of HIG Capital group, a leading global private equity and alternative investment firm, with a cost of US $ 45 billion and includes businesses in the 8 countries and 34 cities where the company is present.
Meanwhile, the Romero Group has informed that it will remain as a strategic ally in this stage of the company’s growth. In addition, it transpired that the executive team of Ransa, Led by Paolo Sacchi, he will remain with the company.
Ransa is the largest 3PL logistics platform in the Andean and Central American region, and operates in very attractive and high-growth markets offering foreign trade services, cold and dry storage, transportation and distribution, last mile and value-added services.
“We firmly believe that Ransa is the ideal logistics operator, due to its leadership in Latin America to enter this industry in which HIG has a strong conviction and extensive experience at a global level. We are very excited to work with the executive team led by Paolo hand in hand with a strategic ally at the Romero Group level ”, Fabio Saad, HIG director for the Andean Region, mentioned in a press release.
Luis Romero Belismelis, Chairman of the Board of Directors of Ransa, specified that “the firm’s team has done an excellent job leading the company to be a leading logistics operator in the region. We are very excited about the idea of working hand in hand with HIG Capital in this new phase of the company’s growth ”.
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