The Corporate team at Addleshaw Goddard has advised global supply chain management provider Ligentia on its agreement to join forces with Polish operator VGL Solid Group.
The deal, which is subject to regulatory approval, is in line with Ligentia’s ambitious growth plans and will establish a major international supply chain management company with revenues of over £1 billion.
VGL, a leading Polish supply chain, freight and logistics solutions provider, and Ligentia have an existing long-standing relationship through a successful joint venture partnership. The combined organisation will provide an enhanced end-to-end service offering, bringing together Ligentia’s international network, proprietary technology and upstream services with VGL’s expertise and leading logistics, European road freight and ocean services.
Upon completion, Ligentia and VGL will form a new organisation of more than 1,300 global supply chain experts focused. This will establish the Ligentia Group as a major international supply chain management company with revenues of over £1bn.
The AG team advising on the deal included Paul Medlicott, Ben Edwards, David Parker, Lara Jones and James Garner.
Paul Medlicott, Partner at Addleshaw Goddard, said: "This is a fantastic deal, greatly enhancing the European platform that Ligentia Group can offer customers across a wide range of sectors and setting it up for continued growth. This is an innovative business at the forefront of technological advances in the sector and we are happy to support our clients as they continue to grow."
Addleshaw Goddard had previously advised Equistone Partners Europe in its significant investment into Ligentia in 2021.