Sale of Element Logic (NO) to Castik Capital (DE) – Amount not disclosed

Carnegie acted as financial adviser to Element Logic and its owners in the sale of a majority stake to Castik Capital, alongside Element Logic’s founders, management team and employees. Element Logic is a specialized integrator for automated warehouse solutions centered around the AutoStore system, which has made it a trusted one-stop shop for warehouse automation solutions in Europe, underpinned by expertise and technology. Castik aims to further support Element Logic with its rapid organic expansion across Europe and together with the management team explore further avenues to expand its service and software capabilities, partly through selective M&A.
June 2021.