Stena, which previously owned 75% of the shares in the transport and logistics company NTEX, has purchased an additional 25% of the shares and thus has become the sole owner of the company.
NTEX is one of Sweden’s most expansive transport companies with 20 offices in 12 countries in Europe, over 1,000 employees and around 4 billion SEK in turnover. The company owns and leases around 1,500 trucks and has 16 terminals and warehouses of its own.
Stena entered as a majority owner of NTEX in 2020, and is now sole owner of the company.
“The main reason for this acquisition is that we wish to gain a greater understanding of how large transport companies operate in different markets. By owning and running companies, our understanding of our customers and where the market is going increases, which allows us to optimise Stena’s product portfolio,” says CEO Niclas Mårtensson.
