RT&L completes acquisition of LandS for EV of EUR 7 million
Reuters2026/09/10 15:49- RT&L completed the acquisition of 100% of LandS, a holding company controlling six maritime-traffic services businesses.
- Deal adds EUR 16 million of revenue, about EUR 1.1 million of EBITDA, and 85 employees to the group.
- Purchase price set at a EUR 7 million enterprise value, implying about 6x LandS group EV/EBITDA.
- Consideration also includes payment for a cash-positive net financial position estimated at about EUR 3 million, subject to adjustment.
- Anthilia Capital Partners SGR provided most of the financing; LandS governance retained continuity with Gerardo Ghiliotto as chair, Roberto Bizzarri as CEO.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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