Done Deals: Mexico Natie / Katoen Natie
Omnicap advised the shareholders of Mexico Natie on the sale to Katoen Natie
Katoen Natie expands its activities in the port of Antwerp by taking over sector partner Mexico Natie. The logistics service provider acquires the 230,000 m2 storage facilities for various goods from Mexico Nation: Luithagen (steel), Altamira (dangerous products), Tijl (packaged goods) and Tampico (food). These 4 warehouses are located on the right bank. On the left bank, Katoen Natie acquires the Blue Star complex, storage space for food and chemistry. In addition, there will also be the terminal 740. A quay of 27 hectares at the Liberation Dock, where they can receive large ships to load / unload containers and other goods, transfer them to rail or inland shipping.
Mexico Natie, which is active as a logistics service provider in chemistry, steel and food, is therefore very complementary with Katoen Natie, which is quite close in terms of location.
Mexico Nation has 150 employees and has an annual turnover of € 65 million.
Omnicap acted as advisor to the sellers.
Fernand Huts, chairman of Katoen Natie, about the staff of Mexico Natie: “ They are the greatest added value we get. They are excellent employees with a sense of the craft of the goods handling - that is a real craft, you cannot just throw in the first one. The people of Mexico Natie are qualified and stoneware, with great experience and tradition. ”
Marc Ivens, chairman of Mexico Nation:
"When Mexico Nation was openly displayed in July, several interested parties came knocking on the door. What was the decisive factor in choosing Katoen Natie? “ Especially our staff ”, says Marc Ivens. “ If we read all the messages about what is coming at us economically, we are sure that we can continue to exist with a major player such as Katoen Natie. Maintaining a port nation requires enormous investments, then it is difficult to remain independent. Now the issue of the transition for customers and staff is to run as smoothly as possible. ”
"In a competitive and challenging sales process, Omnicap has maximized shareholder value, thanks to its hands-on approach and extensive deal experience."