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Monday, April 15, 2024

W&C advises Blantyre Capital on ESP Solutions acquisition

White & Case LLP has advised Blantyre Capital Limited, a European alternative asset management firm, on the acquisition of a majority stake in ESP Solutions, a company specialised in refrigerated transportation and operating in more than 20 countries, from its founder and CEO Pedro Campillo  

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Avior and Blantyre Capital have entered into a joint venture in the European transport and logistics sector and will provide financial resources and support to the company and its CEO to accelerate ESP’s organic growth. The strategy focuses on focusing on global solutions for increasingly global customers, strengthening the shipping business, opening new offices in Spain and increasing its international distribution capacity through the development of new platforms. Among other initiatives, ESP Solutions will strengthen its growing line of temperature-controlled logistics services by opening new logistics centres in Spain. The centre already underway in Alhama de Murcia stands out, with more than 56,000 m2 of negative temperature facilities, a capacity for 120,000 pallets and more than 120 loading docks on a surface area of almost 100,000 m2, making it one of the leading logistics centres in southeastern Spain due to its strategic location.

Avior and Blantyre Capital will support investment in technology to digitise processes and daily operations and achieve greater efficiency and integration with its customers, also strengthening its management team to achieve sustainable development.

Following the acquisition Mr Campillo will remain as a minority shareholder.  

The White & Case team in Madrid which advised on the transaction was led by partners Javier Monzón and Jaime Rossi, along with local partner Álvaro Manzanos, with support from associate Esther Gabilondo.

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