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


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