RT&L Secures €10M Debt for LandS Acquisition

RT&L spa, a prominent player in international logistics services and listed on Euronext Growth Milan, has successfully secured a significant €10 million debt facility. The financing, provided by Anthilia Capital Partners sgr through its Anthilia BIT V and Anthilia ELTIF Synthesis funds, will fuel the company's strategic acquisition of the Gruppo LandS. This move underscores RT&L's commitment to expanding its operational footprint and service capabilities through targeted inorganic growth.

The newly acquired capital injection marks a pivotal moment for RT&L, representing its first substantial financing arrangement since its public listing. This development is a clear indicator of the company's robust industrial project and its established credibility within the financial markets. Roberto Bizzarri, CEO of RT&L, highlighted the crucial role of institutional investors like Anthilia in validating the group's strategic direction and enabling ambitious growth initiatives such as the LandS acquisition.

Barbara Ellero, Partner and Head of Private Capital at Anthilia, expressed confidence in RT&L's market position, characterizing the group as a solid and influential entity in international logistics and shipping. She emphasized Anthilia's strategic intent to support RT&L's post-listing development trajectory, particularly through facilitating the acquisition of LandS, which is perceived to hold substantial industrial value and synergistic potential.

The acquisition of Gruppo LandS is a key component of RT&L's broader expansion strategy. RT&L, which operates an asset-light model focused on high-value services like freight forwarding, customs brokerage, and project cargo, aims to integrate LandS' operations to enhance its service portfolio. The group's existing business lines, including customs agency (which accounts for approximately 77% of current revenue following the earlier acquisition of P&A Spedizioni), international shipments, and exceptional transport, are expected to benefit from this consolidation.

RT&L's financial performance provides a strong foundation for this expansion. On a pro forma basis for 2025, the company reported a production value of €10.6 million, an EBITDA of €2.7 million, a positive net financial position of €5.3 million, and net equity of €14 million. These metrics demonstrate the company's operational efficiency and financial health, making it an attractive prospect for both debt providers and strategic acquisition targets.

The transaction involved several advisory firms, with MG LAW Studio Legale advising RT&L on legal matters and L&B Partners Avvocati Associati supporting Anthilia. Financial and accounting advisory was provided by ARTHA Corporate Finance Advisory, while notary services were handled by Studio Associato dei Notai Ugo Bechini e Martina Bastianutti. This multi-faceted support structure highlights the complexity and thoroughness of the deal.

This strategic financing and acquisition move positions RT&L for continued growth in the competitive logistics sector. The integration of LandS is expected to unlock new revenue streams and operational efficiencies, further solidifying RT&L's market presence and its ability to serve a diverse international clientele. The company's focus on specialized services and its asset-light approach are well-suited to navigate the dynamic demands of global trade and transportation.