Amancio Ortega acquires Lactalis' largest Canadian logistics hub for $115 millionExecutive summary: Amancio Ortega’s investment vehicle purchased Lactalis’ largest logistics hub in Oshawa, Ontario, Canada, for C$187 million (≈€115 million). The deal signals Ortega’s continued push into Canadian logistics infrastructure and may stimulate further cross‑border transactions in the sector. Amancio Ortega, Lactalis, Canadian logistics asset owners. The acquisition could lead to further purchases of logistics facilities in Canada and heightened scrutiny by competition authorities.Amancio Ortega’s investment vehicle purchased Lactalis’ largest logistics centre in Oshawa, Ontario, for C$187 million (≈€115 million). The transaction reflects Ortega’s ongoing expansion into Canadian logistics infrastructure and underscores confidence in the sector’s growth prospects. It also marks a divestment by Lactalis of a non‑core asset.Connected developmentsBankinter expands into the Netherlands with Tulp Hypotheken acquisitionOpenAI wins dismissal of xAI trade‑secret lawsuitOpen the full case file on Beyond →
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