Hong Kong based EV Cargo EV Cargo, has acquired 75% of the shares of Air Express Cargo S.L. from its founding family owners.
Operating out of offices in Madrid, and Valencia, and Barcelona, Air Express Cargo has seen success through providing air and sea freight forwarding and customs brokerage services on behalf of importers and exporters across Spain, meeting their needs for both speed and reliability.
This strategic acquisition sees EV Cargo add another important market to its expanding European platform, which includes 20 offices and more than 400,000 ft.² of warehousing in the Netherlands, Belgium, Germany, Poland, France, Switzerland, and Greece.
Air Express Cargo will be branded as EV Cargo Spain and current founder and CEO Francisco de la Sita, who will continue to own 25% of the shares, will take up the role of country MD.
Francisco de la Sita said: “I firmly believe that by becoming part of EV Cargo, the future prospects for the business in Spain will be enhanced. It will enable us to provide our clients with the high-quality service they have enjoyed while being able to offer expanded services, which in turn will create opportunities to develop the business, attract new customers and drive growth.”
