By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Mango founder’s family buys back logistics hub for €170 million
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Mango founder’s family buys back logistics hub for €170 million
Business

Mango founder’s family buys back logistics hub for €170 million

By admin 2 Min Read
Share
SHARE

A Mango store in Mallorca. Credit: Tetyana_Pidkaluyk, Shutterstock.

The Andic family, owners of 95 per cent of Mango, have repurchased the fashion brand’s massive logistics centre in Lliçà d’Amunt, Barcelona, for €170 million, reclaiming a core asset nearly a decade after selling it.

The deal, finalised by their holding company Punta Na, marks the family’s largest move since founder Isak Andic’s recent death.

The 280,000m² logistics hub is one of Southern Europe’s largest in the textile industry, distributing stock to over 2,800 Mango stores and handling major volumes of online orders – up to 180 million units annually, according to Brainsre.

It was originally developed in 2011 but was sold off in a sale and leaseback deal in 2016. Over the past decade, the asset changed hands multiple times – from Punta Na to VPG, then to Tritax EuroBox, followed by Brookfield, which acquired it in 2024 before selling it back to the family.

Andic family expands retail portfolio

Punta Na has been actively expanding its premium retail holdings. In April 2025, the group acquired the Prada flagship store on Barcelona’s Paseo de Gracia for €60 million – a 1,000m² site marking one of the largest Spanish retail deals this year, as reported by Brainsre.

View all finance news.

View all news from Spain.


You Might Also Like

Spain loses €45 billion to absenteeism crisis

Crypto M&A surges 30-fold as niche firms shift to mainstream

Qatar and US warn EU law could threaten energy security as GECF ministers meet

Tariffs have unsettled Colorado’s ag industry; a Trump suggestion adds to uncertainty

Corporate debt surge: Commercial paper issuances hit highest since April

TAGGED: Business, Business News, Finance, News from Spain
Share This Article
Facebook Twitter Copy Link
Previous Article Pepeto price forecast 2025: can this $0.000000144 meme coin outshine Dogecoin, Shiba Inu, and Ethereum?
Next Article Tech industry insiders share their picks for the next startups who will ride the IPO wave after Figma’s blockbuster debut
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Details Of Ripple-Evernorth Deal Remain Blurry: How Much XRP Is Really Being Bought?
Crypto
Trump completely demolishes the historic East Wing of the White House
World News
8 Ireland-based women in cybersecurity you should know about
Tech News
Two Russian military aircraft enter NATO member Lithuania’s airspace, military says
World News
Noir shooter Mouse: P.I. For Hire finally has a release date
Gaming News
Spain loses €45 billion to absenteeism crisis
Business
Crypto M&A surges 30-fold as niche firms shift to mainstream
Business

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Details Of Ripple-Evernorth Deal Remain Blurry: How Much XRP Is Really Being Bought?

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Details Of Ripple-Evernorth Deal Remain Blurry: How Much XRP Is Really Being Bought?
October 23, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?