Forankra España, part of the Swedish Axel Johnson International Group, is pleased to announce the strategic acquisition of J2Servid S.L., a leading Spanish supplier of packaging products for the protection of goods during transport. This acquisition places Forankra at the forefront of the export logistics security solutions market in Spain and Portugal, offering significant growth opportunities and synergies.
J2Servid stands out as a prominent figure in the Spanish market for containerized cargo securing solutions. This strategic move aligns with Forankra Spain's nearshoring and sustainability strategy by adding J2Servid's strong product offerings and sustainable solutions. With this acquisition, both companies are positioned to meet the needs of this growing market segment. In addition, the acquisition strengthens Forankra's strategic focus on international key accounts and the development of sustainable product solutions.
"Joining Forankra Spain will strengthen J2Servid 's position in the market, as it allows us to leverage Forankra's extensive network and expertise to better serve our customers, says J2 CEO Carles Font. "Our innovation in new sustainable products is a testament to our commitment to the future of the industry, and we are delighted to contribute to the group's growth."
The Director of Forankra Spain, Fran Muñoz, highlights the strategic nature of the acquisition: "This operation represents a natural step and a turning point for Forankra in Spain and for our group as a whole. Thanks to the expertise of the J2Servid team, we will be able to offer a broader and more sustainable offering to the entire market, with an increasingly pronounced focus on large industry. We are excited to welcome Carles and his entire team and look forward to a prosperous future together."
The good synergy between both companies, together with the support of Axel Johnson International Group, will help us to innovate and develop new products and solutions, and thus be able to offer our commitment to safety in the transportation of goods.
About J2SERVID
J2SERVID is a leading Spanish supplier of cargo securing products with more than 30 years of experience in the market. They offer a wide range of solutions to ensure that goods are transported in perfect condition and prevent damage during transport, such as cargo movement, moisture problems or sudden temperature changes. Their main products are inflatable bags, container desiccants, Niupack® voidfillers, isothermal insulation, anti-slip, lashing straps and a wide range of lashing systems for all types of cargo (Ty-gard, Void-gard, Container-set, Corfex).
About Forankra Group
Forankra is a leading European provider of technical and legal solutions in load securing, lifting equipment, optimization and automation of loading and unloading for customers in the road transport, air, sea and large industry sectors. Forankra has been established in Spain since 1992 and is active in the rest of Europe, mainly in the Nordic countries, Poland, France, Spain, Bulgaria and the United Kingdom.