Lemtrans has completed the deal for the acquisition of Levada Cargo, a multimodal container operator.
This acquisition was one of the next stages in the implementation of the Lemtrans development strategy to expand the list of services being provided and enter new markets, both internal and external. As a result of this step, Lemtrans will be able to provide services for the transportation and storage of goods using both commonly used and specialised containers.
“We believe that this acquisition will allow us to offer new integrated solutions for Ukrainian shippers and gain additional competitive advantages for further development. We expect sustained growth, since now we will be able to expand the list of cargo types we are ready to work with,” says Vladimir Mezentsev, Lemtrans CEO. “This investment creates new opportunities for both Lemtrans and Ukrainian shippers.”
Levada Cargo retains a legal entity, and it is currently a 100% subsidiary of Lemtrans. No other deal details were disclosed.
Lemtrans LLC is the largest private operator of railway rolling stock in Ukraine. The Company’ profile includes transportations using the in-house rolling stock, transport-forwarding services, information support of freight traffic, as well as rolling stock maintenance. 100% of the authorised capital of Lemtrans belongs to SCM.
Founded in 2012, Levada Cargo is a freight forwarding company and a multimodal container operator. The Company operates a fleet of fitting platforms, tank containers and bulk containers. The Company has considerable experience in the management of logistics projects and implementation of ‘door-to-door’ integrated transport and logistics solutions to thousands of different destinations, which allows to quickly and efficiently deliver goods anywhere in the world.