A €6.9 billion bid has been launched to acquire the major Australian logistics holding company
Pontegadea, the business holding company of Inditex founder Amancio Ortega, has entered the Australian market for the first time with its participation in the acquisition of 100% of the logistics operator Qube Holdings. This transaction, led by Macquarie, one of the world's largest financial and investment groups, also involves several pension funds such as UniSuper, Brighter Super, and Mercer Investments.
This deal values the Qube logistics group at $11.6 billion, approximately €6.9 billion, according to various financial media outlets that have reported on the news.
This is Pontegadea's first operation in the Australian market and is part of its diversification strategy. Currently, the consortium holds 18.44% of Qube's shares: UniSuper holds 15%, and Macquarie, together with Pontegadea, holds 2%.
Qube is one of Australia's largest logistics and port infrastructure companies, also operating in New Zealand and Southeast Asia. It provides port and terminal services, land logistics, and strategic infrastructure, playing a vital role in the Australian supply chain, particularly in sectors such as mining, agriculture, and international trade.
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