£1bn Leeds based supply chain specialist expands with Polish acquisition

Ligentia Group, a Leeds based tech-enabled supply chain manager, has announced that its acquisition of VGL Solid Group (VGL) is now complete.

This further strengthens Ligentia’s position as a “leading provider” of supply chain and logistics services, with revenues of over £1bn, accelerating its ambitions to leverage its technology and experience by growing into new, fast-growing territories and sectors.

Ligentia CEO Nick Jones commented: “This is an exciting day for both Ligentia and VGL Solid customers and colleagues, and a natural extension from our highly successful joint venture, which we have operated together for nearly 10 years.

“We would like to give a warm welcome to Marcin and Grzeg, the VGL co-founders, and their management shareholders, who all become shareholders in our new combined business. This is an important and significant step in a Growth Strategy that we set out with Equistone at the start of their investment in 2021.”

This combination strengthens Ligentia’s presence on the Asia-Europe and Transpacific trade lanes, at a time when customers are facing “increasing complexity” in managing their international supply chains.

Ligentia’s technology platform Ligentix provides its customers’ planners and logistics teams with full visibility through a SKU level control tower platform that connects factories, carriers, customs, warehouses and delivery to the end customer in a way that gives enhanced control over inventories anywhere in the world.

In 2021, Ligentia received “significant investment” from Equistone Partners Europe to deliver its “ambitious” growth plans.

Sebastien Leusch, investment director at Equistone and director, Chris Candfield commented: “We are proud to support the Board in this acquisition which enables the business to expand into new geographies and sectors, continue to innovate its technology and strengthen its position in a dynamic market.

“The team has delivered exceptional growth over the last two years, including the launch of its US business, and we have been hugely impressed by the clear ambition to scale and build a diverse, customer-focused and responsive global supply chain management business.”

VGL founding members, Grzegorz Dobkowski and Marcin Gruchala will join the Ligentia Group Board, working alongside the existing Board members and Chairman Garry Watts.

By Matthew Neville – Correspondent, Bdaily

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