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Agunsa acquires majority stake in Spain’s ESBO Logistics

Chile-based Agencias Universales (Agunsa) is expanding its presence in Spain purchasing a 75% stake in ESBO Logistics.

Michele Labrut, Americas Correspondent

September 28, 2023

2 Min Read
AGUNSA [16]
Photo: Agunsa

The acquisition will give Agunsa access to the European logistics market from a more advantageous position, accompanied by Ignacio Pedrosa, who will continue in ESBO as partner and director, contributing with his experience and knowledge.

ESBO Logistics, is a multichannel logistics operator for both the B2B and B2C sectors. The company has three offices in Catalonia, located in Sallent, Palau Solità i Plegamans and Castellbisbal, with a total surface area of 94,500 sq m for storage, managing more than 1.6 million references and with the capacity to process more than 29,500 lines per day.

Agunsa's CEO, Fernando Rodriguez, commented that, "this strategic alliance is a great step to project us into the future, with innovative technology for warehousing and distribution logistics in the countries where we are present".

“This strategic acquisition marks a significant milestone in our path towards diversification and innovation in the e-commerce field, generating synergies with our services and allowing us to offer a comprehensive and quality service in a booming market", added Mari Carmen Murillo, Managing Director of Agunsa Europe.

The company is the first logistics operator to use the Exotec robotic automation system for order picking, with 240,000 locations with this technology in the Sallent logistics centre. Some 48 robots oversee automatically transferring the product to the operator, eliminating the personnel's routes and increasing picking productivity.

Related:CMA CGM takes stakes in two Cosco terminals in Spain

"At ESBO we think and we are convinced that this union, Agunsa-ESBO, will bring us many synergies both in terms of services and in terms of common customers. Being able to offer our respective clients a wider variety and possibility of services is always positive and will be well received by them. Additionally, this union allows us to gain financial muscle which is always necessary to pursue our future investment projects," said Ignacio Pedrosa, General Manager of ESBO.

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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