Home chevron-right News / Insights chevron-right CDI Global France advised Lindbergh in the sale of their French overnight delivery activities to Sterne Group

CDI Global France advised Lindbergh in the sale of their French overnight delivery activities to Sterne Group

CDI Global France advised Lindbergh in the sale of their French overnight delivery activities to Sterne Group

Lindbergh Spa announced the sale of its night delivery business in France to TCS SAS, a subsidiary of the Sterne Group.

As of January 1, 2025, the logistics company Sterne has taken over Lindbergh's night-time delivery and waste collection services on French territory.

Urgent transport is a flagship activity of the Sterne Group. As well as night-time logistics. It is therefore not surprising that the logistics company took over Lindbergh's night activities on French territory on the first day of 2025. This "marks a key step in our development strategy and strengthens our leading position in the urgent transport and premium logistics market", said CEO Laurent de Rosnay.

The Sterne group will ensure night-time and combinable deliveries. Reverse logistics is also planned with circular economy services integrating returns management, waste collection and recovery.

Lindbergh S.p.A., an Italy-based Group primarily engaged in providing services for Maintenance, Repair & Operations (MRO), Heating, Ventilation, Air Conditioning (HVAC) and Circular Economy industry, together with its subsidiaries, provides logistics services in Italy and France.

The company offers logistics services, including night-time spare parts delivery, reverse logistics management, night-time waste collection, spare parts warehouse management, tools management, and onsite services, as well as supplies gloves, work overalls, safety shoes, accessories, consumables, and other items. It is also involved in circular economy projects; provision of comprehensive special waste management; authorizations, licenses, and permits; and servicing and installing activities in the heating, ventilation, and air conditioning sector. Lindbergh S.p.A. was founded in 2006 and is based in Cremona, Italy.

“The decision to exit the French night delivery market was a direct and natural consequence of the Group's growth strategy. The entry into the HVAC sector in 2023, as well as the excellent development prospects of the Circular Economy Business Unit that emerged in 2024, have led us to focus our energies and resources on these opportunities that we believe to be more promising,” said Michele Corradi, CEO of the Lindbergh Group. 

CDI Global France, led by Thierry Gilbert, advised Lindbergh on the transaction.

Author:

Published:

27th February 2025

Format:

Transactions

Subject:

Divestitures

Industry:

Transport and Logistics

Share:

Related News

CDI Global Latin America (Uruguay) acted as M&A Advisor to Laboratorios Pasteur on sale to Megalabs
Daniel Boutmy, Martin Arocena

CDI Global Latin America (Uruguay) acted as M&A Advisor to Laboratorios Pasteur on sale to Megalabs

Read More
Timing a Sale: Risk-On and Risk-Off Markets in M&A: Understanding Risk-On and Risk-Off Markets: Impact on Investments, Private Equity, and M&A Strategy

Timing a Sale: Risk-On and Risk-Off Markets in M&A: Understanding Risk-On and Risk-Off Markets: Impact on Investments, Private Equity, and M&A Strategy

Read More
Professional Corporate Valuation: A necessary first step for an efficient M&A process
Daniel Boutmy

Professional Corporate Valuation: A necessary first step for an efficient M&A process

Read More
A high-beam market outlook for automotive exterior lighting
Gerard Payen

A high-beam market outlook for automotive exterior lighting

Read More