Pontegadea completes acquisition of Australian logistics firm Qube

Pontegadea, the investment vehicle of Inditex founder Amancio Ortega, has completed the acquisition of Australian logistics and infrastructure group Qube Holdings. The deal was finalized in a consortium alongside Macquarie Asset Management and the pension fund UniSuper.

The transaction values Qube at approximately 11.7 billion Australian dollars (roughly 7.16 billion euros), including debt. Under the new ownership structure, Macquarie will control 65% of the company, UniSuper will hold 20%, and Pontegadea will maintain a 15% stake, valued at approximately 1.07 billion euros.

Qube operates an extensive network of ports, terminals, warehouses, and rail and road transport facilities across Australia, New Zealand, and Southeast Asia. This acquisition marks a strategic move for Pontegadea to diversify its portfolio beyond traditional real estate into high-quality global infrastructure assets.