Tablogix has announced closing the acquisition of 100% of Itella Logistics’ warehousing and transportation business in Moscow and Moscow region.
The parties do not disclose the cost of the deal. Tablogix has acquired over 180,000 sq m of Itella’s warehousing facilities located in Krekshino (60,000 sq m), Odintsovo (40,000 sq m) and Khimki (80,000 sq m).
As a result of the deal, the total warehousing facilities of Tablogix now make some 400,000 sq m making the company the second largest player in the Russian warehousing market.
Photo: Tablogix