Huktra is a leading European provider of door-to-door intermodal bulk logistic solutions, with offices in Zeebrugge (Belgium), Novara (Italy), Tarragona (Spain) and Manchester (UK).
The company operates a fleet of approximately 1,000 containers to transport predominantly bulk chemical liquids and to a lesser extent, edible liquids and dry bulk powders.
Huktra is a highly profitable and steadily growing business, with approximately €50m in revenues in 2017 and an EBITDA margin of over 15%.
Shares were owned by brothers Gerd and Tim Van Poucke, the second generation of Huktra owners in the Van Poucke family.
Being a very attractive target, there was a five-month limited auction process that focused on strategic investors, in which Belgian family-owned company H. Essers sealed the deal.
PwC guided the sellers throughout the limited auction process to find a suitable trade buyer for the family business, resulting in a successful Belgian transaction with the sale to the Limburg-based international family company H. Essers.
This deal won the M&A award Best Mid-Cap deal 2018 Belgium
Partner, PwC Belgium
Tel: +32 0497 05 13 49