By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
Reading: Mango founder’s family buys back logistics hub for €170 million
Notification Show More
Global NewsphereGlobal Newsphere
  • International
  • Sports
  • Business
  • Entertainment
  • Politics
  • Travel
© 2025 All Rights reserved | Powered by Globalnewsphere
Global Newsphere > Business > Mango founder’s family buys back logistics hub for €170 million
Mango founder’s family buys back logistics hub for €170 million
Business

Mango founder’s family buys back logistics hub for €170 million

August 6, 2025 1 Min Read
Share
SHARE

Mango store in Mallorca. Credit: tetyana_pidkaluyk, shutterstock.

The Andic Family, the 95% owner of mangoes, bought back the fashion brand’s huge logistics centre in Lisada Manto, Barcelona for 170 million euros and regained its core assets nearly a decade after selling it.

This transaction was confirmed by the holding company Puntanamarks the biggest family move since the recent death of founder Isaac Andic.

The 280,000m² logistics hub is one of the largest in Southern Europe in the textile industry, distributing inventory to over 2,800 mango stores and processing large amounts of online orders. Brainle.

Originally developed in 2011, it was sold in 2016 for sales and leaseback transactions. Over the past decade, the assets have changed hands from Punta NA to VPG multiple times, then followed by Tritax Eurobox, then acquired it in 2024 before selling it back to the family.

Andic Family expands its retail portfolio

Puntana is actively expanding its Premium Retail Holdings. In April 2025, the group acquired Paseo de Gracia’s Prada flagship store in Barcelona for €60 million. Brainle.

View all financial news.

See all the news from Spain.


See also  
More Employees Adopt Four-Day Work Schedule

You Might Also Like

Is it still worth becoming self-employed in Spain in 2025?

Special Report: Marbella Tax Increases.

Women entrepreneurs: Make your dreams happen

EU’s Open Horizons project attracts 256 women-led startups

Zara founder Amancio Ortega goes on $500m property spree to beat Spanish wealth tax

TAGGED:Business News
Share This Article
Facebook Twitter Email Copy Link
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Producers should unlearn old bad habits to make collaborations fairer, say IDFA filmmakers
Producers should unlearn old bad habits to make collaborations fairer, say IDFA filmmakers
Entertainment
Trump to Host Saudi Crown Prince at White House for Talks on Defense, Trade, Middle East
Trump to Host Saudi Crown Prince at White House for Talks on Defense, Trade, Middle East
Politics
Blaze in Croatian capital Zagreb destroys landmark 16-storey Vjesnik news tower
Blaze in Croatian capital Zagreb destroys landmark 16-storey Vjesnik news tower
International
Be prepared: Mini ice age expected by 2030
Be prepared: Mini ice age expected by 2030
International
Tyrod Taylor Jets pic
The Jets are benching Justin Fields and will start Tyrod Taylor in Week 12 vs. the Ravens
Sports
GOP Crafting Bill to Sanction Countries That Trade With Russia: Trump
GOP Crafting Bill to Sanction Countries That Trade With Russia: Trump
Politics

About Us

Welcome to Global Newsphere, your trusted source for breaking news and insightful analysis from around the world. Our mission is to keep you informed with accurate, timely, and well-researched news that matters.

Legal Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Trending News

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike

The Epoch Times

Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS

If You Don’t Have a Real ID by May 7, Can You Still Fly?

If You Don’t Have a Real ID by May 7, Can You Still Fly?

Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
Flight cancellations at Germany's Hamburg Airport affect more than 40,000 passengers after strike
March 10, 2025
The Epoch Times
Noem Taps New Leadership at ICE, Moves to Identify Leakers Within DHS
March 10, 2025
If You Don’t Have a Real ID by May 7, Can You Still Fly?
If You Don’t Have a Real ID by May 7, Can You Still Fly?
March 10, 2025
The Epoch Times
Trump Rebukes Former Australian PM For Claiming CCP Leader More ‘Respectful’
March 10, 2025
© 2025 All Rights reserved | Powered by Globalnewsphere
Welcome Back!

Sign in to your account

Lost your password?