Greenyard has signed an agreement for the divestment of Greenyard Logistics Portugal through a management buyout (MBO). This Greenyard company operates since 2001 in Portugal in the food
products transport and logistics market, with a strong focus on perishable food products, including fruits and vegetables.
After completion of the transaction, Greenyard Logistics Portugal will be owned and managed by its current management team, Vitor Figueiredo and Manuel Rodriguez, who remain respectively CEO and
COO of the company. Vallis Capital Partners, an independent and solid holding company focused on managing private equity and investment funds, will support the management team.
The transaction will be subject to the customary approvals and regulatory requirements. It is therefore expected that the final closing of the MBO will take place in the coming months.
Vitor Figueiredo played an important role towards realising the sale and strives to maintain the current sustainable relationship with its customers and suppliers while further successfully developing the company.
“Our relationship with Vitor Figueiredo and his management team has been very valuable," says Hein Deprez, co-CEO Greenyard. However, the synergies have diminished as Greenyard is further concentrating on its core business in other countries. We will part ways with great appreciation of our partnership, and we believe that Greenyard Logistics Portugal will continue to be a key logistics provider in Portugal, offering logistics operations in a multi-client model.”
“We are confident that the independence and flexibility will enable us to continue to serve and delight both current and new customers and we look forward to the future of the company with the utmost confidence”, says Vitor Figueiredo, Managing Director of Greenyard Logistics Portugal.
For more information: 
Dennis Duinslaeger
Greenyard
Tel: +32 15 32 42 49
Email: Dennis.Duinslaeger@greenyard.group
www.greenyard.group
Vitor Figueiredo
Greenyard Logistics Portugal
Tel: + 351 249 247 069
Email: Vitor.Figueiredo@greenyardlogistics.pt
www.greenyardlogistics.pt/en