The Deal
Huhtala Logistics Oy and Peura-Trans Oy have merged and Finnish investment company Lease Deal Group has acquired a minority stake in the new group.
Huhtala Logistics offers temperature-controlled food transports, partial and full load transports and groupage transports in Finland. In addition, Huhtala Logistics offers milk collection and transport from dairy farms, crane truck and contract logistics services in the Seinäjoki area, as well as package delivery transport services in Western Finland and the capital region.
Peura-Trans operates both in Finland and elsewhere in the European Union, especially in the Benelux countries, Italy, Spain, France and Germany. In Finland, Peura-Trans offers special transports of extra-wide and extra-high cargo, full and part-load transports and groupage transports.
In addition, Peura-Trans offers international temperature-controlled transportation for import to Finland and export from Finland.
Huhtala Logistics and Peura Trans have a combined revenue of 70 million euros and alongside investor Lease Deal Group, is seeking growth in the coming years.
Mergero acted as the sell-side advisor for both Huhtala Logistics Oy and Peura-Trans Oy in the transaction.