DC Advisory advises Alha Group on its sale to BCUBE

Background

• Founded in 1974 and headquartered in Prato, Italy, Alha Group is a leading provider of air cargo logistics services operating at major Italian airports
• Alha Group offers a wide range of services, including cargo handling, trucking, ramp handling, security, and training; operating through 15 cargo terminals, including two main hubs in Milan Malpensa and Rome Fiumicino
• Alha Group handles ~520,000 tons of freight and ~29,000 trucking connections annually
• Headquartered in Casale Monferrato, Italy, BCUBE is an integrated logistics operator for supply chain management  

Process

• DC Advisory was engaged as sole financial advisor to Alha Group to provide sell-side M&A advice
• Leveraging its knowledge of the Industrials sector, DC Advisory provided comprehensive advice throughout the sale process including due diligence coordination, support in negotiations, and advice on transaction documentation 
• After a competitive and tailored process, BCUBE emerged as the preferred bidder for Alha Group

Outcome

• BCUBE signed the Sales and Purchase Agreement to acquire Alha Group and the closing of the transaction is subject to customary closing conditions and regulatory approval
• This transaction demonstrates DC Advisory’s ongoing expertise in the Industrials sector and strengthens the firm’s track record in advising on Italian Transportation & Logistics transactions