December 20, 2024
- Talde Private Equity together with KCE (Kaizaharra Corporación Empresarial), entered Cacesa's capital in 2021 to promote the company's development and international expansion.
- In these years, Cacesa has established itself as a leader in cross-border e-commerce import customs management for the main online sales platforms.
- The transaction is subject to the relevant Spanish regulatory approvals.
Talde Private Equity and KCE have sold their stake in Cacesa to CTT Group, a leading last mile e-commerce company in the Iberian Peninsula. Talde Private Equity and KCE, entered Cacesa's capital at the end of 2021 with the aim of fostering the company's development and consolidating its international expansion, mainly in the European Union and neighbouring countries such as the United Kingdom, Turkey and Serbia.
Cacesa, as European leader in customs and airport management of e-commerce from China and the United Kingdom, is a fundamental part of the value chain, collaborating with the different stakeholders (end customers, e-commerce platforms, Authorities...) to provide fast and reliable customs and airport services.
With this sale, Cacesa will be integrated into the CTT Group, consolidating the position of both companies in the Iberian market and in the rest of the European markets.
Rodrigo Peñas, CEO of Cacesa, underlined that ‘Talde Private Equity's investment has boosted the company's growth, strengthened its diversification and facilitated the opening of new operations in France, the United Kingdom, the Netherlands, Germany, Poland, Hungary, Turkey and Serbia, as well as strengthening its positions in Belgium, Italy and Poland’. Rodrigo and the rest of the Cacesa management team will continue to lead their current responsibilities, participating directly in this exciting industrial project.
In this process, Cacesa's shareholders have been advised by Lazard and Latham Watkins.
This transaction is subject to Spanish regulatory approvals, and is expected to be formalised in the coming months.