Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) acquired a 90% stake in V MODAL MEXICANA S.C. for approximately MXN 100 million.
September 19, 2022
Share
Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) acquired a 90% stake in V MODAL MEXICANA S.C. for MXN 100 million on September 19, 2022. MXN 62.5 million were paid in cash and remaining with Traxion shares of stock.
Grupo Traxi=n, S.A.B. de C.V. (BMV:TRAXION A) completed the acquisition of a 90% stake in V MODAL MEXICANA S.C. on September 19, 2022.
Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.
GRUPO TRAXIÓN, S.A.B. DE C.V. 
