BBM Logística has acquired Translovato, a leader in fragmented cargo services, to strengthen its market position and propel its revenue target to R$ 2 billion by 2022.

Information on the Target

BBM Logística, a prominent logistical operator in the road transport sector within Mercosur, has announced its acquisition of Translovato, a well-regarded company specializing in fragmented cargo services. Translovato serves over 2,700 clients across Brazil and operates from 17 locations, with an estimated annual revenue of around R$ 400 million in 2019. This acquisition represents a critical move in expanding BBM's operational capabilities and market reach.

With this transaction, BBM's annual revenue is expected to surpass R$ 1 billion, reflecting a significant growth trajectory that has seen its revenue triple since 2017, the year it secured funding from Stratus Fund. The acquisition aligns with BBM's ambitious growth plan, aiming to achieve R$ 2 billion in revenue by 2022, effectively doubling its previous targets.

Industry Overview in Brazil

The logistics industry in Brazil is characterized by an annual revenue exceeding R$ 140 billion and remains decidedly fragmented. Companies within this sector are increasingly focused on op