Xpediator Completes Transformation into Delamode Group

07. 25. 2023

Xpediator Completes Transformation into Delamode Group Following Successful Acquisition by BaltCap

Xpediator, a leading transport and logistics company, is thrilled to announce a significant milestone in its journey as it completes its acquisition by private equity firm, BaltCap. This milestone event has paved the way for Xpediator’s transformation into Delamode Group, heralding a new chapter of growth and innovation for the company.

In a strategic move, the consortium “DLM Bidco”, formed by BaltCap and other investors, presented an acquisition proposal for Xpediator. This consortium includes the major Xpediator shareholder, “Cogels,” and the company “Nuoma ir kapitalas,” with Justas Veršnickas overseeing the 20% stake in “Delamode Baltics.”

“We are excited to witness the evolution of Xpediator into Delamode Group, and we warmly welcome the integration of our new assets and capabilities. This acquisition represents a significant milestone in our journey to become a leading force in the logistics industry,” said Justas Veršnickas, CEO of Delamode Group.

Delamode Group will continue to build on its legacy of excellence, providing a comprehensive range of logistics solutions tailored to meet the diverse needs of its customers. With a strong focus on innovation, technology, and sustainability, Delamode Group is committed to delivering unmatched service quality and reliability.

“As Delamode Group, we aim to redefine the logistics landscape and exceed our customers’ expectations at every turn. Our continued dedication to excellence, together with the support of BaltCap, will enable us to set new industry standards and further strengthen our market position,” added Justas Veršnickas.

The transition to Delamode Group is expected to be seamless for clients, partners, and stakeholders. All existing contracts, agreements, and operational procedures will remain unchanged, ensuring uninterrupted service during this exciting transformation.

About Delamode Group:

Delamode Group, formerly known as Xpediator, is a leading transport and logistics company with a global presence. With a diverse range of services including road, air, and sea freight, warehousing, and supply chain management, Delamode Group is committed to delivering exceptional solutions to its clients worldwide. Supported by private equity firm BaltCap, Delamode Group continues to drive innovation, sustainability, and customer-centricity in the logistics industry.

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