Logistics sector update | Q2 2023 M&A report

13 September 2023

  • The Greek transportation & logistics sector continues to attract capital due to the shortage of grade-A logistics assets in the country as well as the increased storage demand.
  • Greek logistics companies invest in new storage facilities and expand current stock on the back of increasing Greek exports mainly driven by the F&B and pharma industries.
  • Transportation & logistics sub-sectors have witnessed a positive trend from a valuation perspective in 2Q23 exceeding their 12-month average multiples.
  • M&A activity in the sector has witnessed an 11% decrease compared to 1Q23, dropping to 33 deals in 2Q23.