TRAXIÓN Announces That It Has Successfully Closed The Acquisition of Medistik

Highlights

• Grupo Traxión, S.A.B. de C.V. announces that it has obtained all regulatory approvals, and today successfully closed the acquisition process of MEDISTIK, one of the most important 4PL companies of healthcare products logistics solutions, mainly medicines and medical accessories, through an asset light approach
• The transaction price was Ps. 1,557 million in cash. For 2022, MEDITIK considers revenues for approximately Ps. 625 million pesos
• Once incorporated to the TRAXIÓN platform, and with all planned synergies realized, EBITDA margin is expected to be over 35%
• With this acquisition, TRAXIÓN integrates the pharma vertical to its 4PL and last-mile logistics services, in addition to retail and e-commerce