This acquisition, including subsidiaries and shareholdings, allows Groupe CAT to strengthen its presence in the market and to follow its strategy to become the undisputed leader of its industry.
SINTAX is one of the key players in vehicle logistics in Spain, France, Portugal and Morocco and offers to its customers logistics solutions for approach transportation, distribution networks of new vehicles, services on compound, pre-delivery inspection and other technical services.
“This acquisition perfectly fits into the strategy our group has been following for years, which aims to strengthen our leading position in the European market of vehicle distribution. It’s also proof of our confidence in our expertise and our ability to invest in long term projects. We are delighted to welcome the SINTAX staff into Groupe CAT and will begin to work together right away on an integration plan,” stated Alejandro Forbes, CEO of Groupe CAT.
With this purchase, Groupe CAT welcomes more than 500 experienced new employees in five different countries throughout Europe and Africa, that will fully contribute to Groupe CAT’s development. It will also increase the Company’s total fleet size, by more than 600 trucks.
Together, Groupe CAT and SINTAX Logistica will offer their customers a complete range of services for new and used cars, including transport and logistics, shipping and customs clearance services, technical, handling and storage services.
The purchase follows other acquisitions in the past few years, including Toquero in Spain, TRIAL in France, Fleetpoint in Netherlands, WWL in Germany and Carlson (50%) in the UK, allowing to Groupe CAT to strengthen the balance of flows managed by its pan-European network.