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Nowports eyes acquisitions after Series C round

Nowports eyes acquisitions after Series C round

May 27, 2022 | Rodrigo Alonso Cruz
Mexican logistics start-up raises $150 mln to expand in Latin America and start operations in North Africa, CEO says

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Mexican logistics start-up Nowports could use part of the $150 million it raised in a Series C financing round to fund acquisitions in Latin America, co-founder and CEO Alfonso de los Ríos told LatinFinance on Wednesday. Market volatility spurred by the Russian invasion of Ukraine, higher interest rates and rising inflation makes it a good time for M&A, according to de los Ríos, but Nowports will only buy companies "that can make us a better product," he said. Nowports said Tuesday that it i

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