Acquisition of a minority stake
& Debt refinancing

April 28th, 2022

Natixis Partners advised Vectorys on the disposal of minority stake to IDIA Capital Investissement and its historical financial partners Bpifrance and Sofipaca, as well as on the refinancing of its existing debt

Natixis Partners advised Vectorys on the disposal of a minority stake to IDIA Capital Investissement and its historical financial partners Bpifrance and Sofipaca. This operation was combined with a debt refinancing operation arranged by LCL with the participation of Eiffel Investment Group. These two simultaneous operations should allow the Group to finance both organic development projects and bolt-on acquisitions. Created in 1984 and acquired in 2008 by the Chairman of the Group Nabgha Salem, Vectorys is a multimodal freight forwarder and logistician who operates mainly between Europe and Northern Africa. The Group is the leader on the Mediterranean Roll-on / Roll-off market and provides logistics services as well as air and maritime transport services. Historically specialized in the transport of electronic parts and components for the automotive industry, Vectorys has successfully diversified its activities since 2016 enjoying strong market positions in the textile and agri-food sectors. In 2021 Vectorys generated c. €100m of revenues fueled by significant growth in volume that allowed the Group to reach a total of 24,000 shipments this year and therefore exceed pre-pandemic levels. With the support of IDIA Capital Investissement and its historical financial partners, the Group aims to reinforce its leading position on the Mediterranean market and accelerate its development on the Tunisian logistics market.