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09/27/2024

Euroatla Acquires Igacargo

The operation strengthens Euroatla's strategic position in the transport and logistics sector in Portugal

Euroatla announces the acquisition of 100% of Igacargo’s capital. This acquisition marks an important step for both companies and reflects a commitment to sustainable growth and expanding service offerings.

By doubling its team to around 40 employees and strengthening its operational capabilities, Euroatla can establish a more robust presence in national and international markets while maintaining its commitment to excellence in customer service. This operation, which results in a combined turnover of approximately €25 million and an EBITDA of €2 million (2023 data), reflects an inorganic growth strategy focused on maximizing synergies and increasing operational efficiency.

Sandra Ayres, Managing Director of Euroatla, highlights the significance of this acquisition: “We are entering a new phase of growth that brings new challenges, opportunities, and longevity. We are a family-run, customer-focused structure that will continue to be so. We will maintain our essence while seeking to acquire businesses and partnerships that strengthen our market position, preserve our culture, and create opportunities for growth and career development for our now expanded team.”

The completion of the acquisition reaffirms Euroatla’s commitment to sustainable growth, supported by a long-term strategic vision. The combination of expertise and resources will allow Euroatla to offer a more competitive range of transport solutions in the national and international markets. The merging of corporate cultures that share values and a commitment to service excellence positions Euroatla to effectively respond to the demands of an increasingly globalized and digitized market.