Quest Holdings has announced the transaction price for the sale of 20% of ACS to General Logistics, which is €74 million.

The deal also includes the right for GLS to buy ("call option") the remaining 80% of the shares of ACS, either on 31-10-2025 or on 30-10-2026, for a pre-agreed minimum price of €296 million.

In the event that GLS does not exercise the above call option, the company will have the right to repurchase from GLS 20% of the ACS shares through a pre-agreed mechanism.

The management of ACS will continue to be exercised by the company until GLS exercises the option.
Completion of the transaction may require approvals from the relevant competition authority, for which the company and GLS will take all necessary steps.