StockWatch
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Logistics Solution Provider
Acquisitions29 Jul 2026, 07:30 pm

Allcargo Global Subsidiary Acquires 10% Stake in ECUnordicon AB

AI Summary

Allcargo Global Ltd's wholly-owned subsidiary, Ecu Global N.V., has acquired an additional 10% stake in ECUnordicon AB (formerly ECU Worldwide (Nordicon) AB) for SEK 17,600,000. This acquisition, completed on July 28, 2026, brings Ecu Global N.V.'s total shareholding in ECUnordicon AB to 100%. The target entity operates in the Multimodal Transportation & Warehousing industry, with a net revenue of SEK 462,555,733 for the Jan-Dec 2025 period. The acquisition was executed via a put option in a prior shareholders' agreement. No governmental or regulatory approvals were required.

Key Highlights

  • Ecu Global N.V. increased its stake in ECUnordicon AB by 10% to 100%.
  • Acquisition cost was SEK 17,600,000.
  • Target operates in Multimodal Transportation & Warehousing.
  • No regulatory approvals were needed for the transaction.