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Private Equity

Mutares exits Fuentes Quality Logistics

privateequitywire

5 months ago

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Mutares SE & Co KGaA has sold its portfolio company Fuentes Quality Logistics SL (Fuentes), a service company involved in temperature-controlled logistics with revenues of approximately €200m, to a consortium led by Ontime franchise and the founding family.
Since its acquisition from Lineage Group, Fuentes underwent a transformation process which focused on improvements aimed at restoring profitability and strengthening its operations.
With this transaction Ontime franchise secures a major p...

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