Grupo Traxión, S.A.B. de C.V. acquired BBA Logistics for $10 million.
June 18, 2023
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Grupo Traxión, S.A.B. de C.V. acquired BBA Logistics for $10 million on June 19, 2023. Out of $10 million as consideration, $4 million will be paid at closing and the remainder will be paid within the following two years. Miranda Partners served as an advisor in transaction.
Grupo Traxión, S.A.B. de C.V. completed the acquisition of BBA Logistics on June 19, 2023.
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. 
