PwC Tax & Legal and Uría advise on the acquisition of Vicarli by Ontime

PwC Tax & Legal and Uría Menéndez have advised in the transaction for the integration by Ontime of Vicarli, a company previously owned by GPF.

Vicarli as one of the leading companies in Spain in the logistics and specialized transport sector, operates 19 logistics warehouses with a combined area of more than 110,000 square meters, a fleet of over 200 vehicles, more than 300 employees, and a technology system integrated with its clients that enables it to build loyalty and expand its services with high reliability.

The company, which reached nearly 50 million euros in revenue in 2024, is developing an ambitious expansion and new client acquisition plan for the coming years, in which Ontime is expected to play a key role thanks to its presence and extensive national and international experience.

Following Ontime’s integration, Vicarli is beginning a new phase of growth aimed at consolidating its leadership in Europe and the Americas and strengthening its operational and logistical capabilities. Ontime, together with the management team, will bring a long-term growth approach that will reinforce Vicarli’s global positioning in the coming years.

Advisors

The transaction involved PwC Tax & Legal as legal advisors of Ontime, with a team formed by partner Javier Gómez, manager Miguel Pérez, senior associate Alejandro Taboada and associates María Hidalgo and Ana Cuerda, from the Corporate and M&A practice.

Uría Menéndez acted as legal advisor to GPF, with a team led by partner Francisco San Miguel and composed by Ángela de Olaran and Javier Galarza from the M&A and Private Equity practice.