Acquisition of Caviny

Pañalon, S.A. has formalized the acquisition of a majority stake in the company Caviny, S.L.

Caviny, S.L. is a company with 50 years of history, dedicated since its creation to serve the food industry, specializing in the transport of high-value-added products in food tankers. Located in Barcelona, with a strong regional presence, its area of work is mainly the Iberian Peninsula, southern France, and northern Italy. It is a renowned company, with a strong commitment to service and constant adaptation to the new needs of the sector and the industry it serves.

Pañalon, after a few years without a presence in the food transportation sector, returns to a familiar activity in which, due to the high level of specialization and professionalism it requires, we can play a relevant role in the coming years. We return with enthusiasm and renewed desire to evolve and consolidate a long-term solid project.

This step continues our global strategy of sustained and orderly growth. On this occasion, we have opted for diversification to reduce sector exposure and minimize risks.

As in the rest of our companies, we will apply our commitment to Safety, Sustainability, Responsibility, Integrity, and Ethical Principles, as these are the values that strengthen the progress, leadership, and growth of the company.

Once again, it is a clear and determined commitment to the road transport sector, the industry, stable employment, and the Catalan and national economy.