Moova acquires Vonzu to expand into Europe’s logistics market
Moova acquires Vonzu to accelerate its European expansion, adding advanced logistics technology, a seasoned team, and a strong client base in Spain and Portugal.
Moova, an Argentinian technology company specializing in logistics solutions, has announced the acquisition of Vonzu, a Barcelona-based startup focused on the development of logistics software. While the financial details of the acquisition were not disclosed, this move marks Moova's entry into the European market, starting with Spain and Portugal.
This acquisition is part of Moova's ambitious expansion strategy, which is backed by prominent investors such as Toyota Tsusho, FJ Labs, Wayra Telefónica, Alaya Capital, and other key players in the Latin American ecosystem.
Moova’s expansion strategy and global growth
Founded in 2018 in Argentina, Moova has experienced steady growth, establishing a presence in over 10 countries, including the United States, Mexico, and Colombia.
The company's technology platform enables businesses to manage delivery processes in both urban and rural environments, offering real-time traceability and personalized integrations. Moova connects manufacturers, retailers, and logistics operators, providing a seamless solution for supply chain management.
The acquisition of Vonzu strengthens Moova’s logistics solutions, allowing the company to build on its existing infrastructure and enhance its service offerings in Europe.
Vonzu: enhancing Moova’s capabilities in Europe
Vonzu, based in Barcelona, has developed a SaaS platform designed to optimize distribution and returns for transportation companies and businesses in the retail sector. Vonzu’s innovative software complements Moova’s existing solutions by adding advanced capabilities to handle logistics challenges, especially in Europe. Buenavista Equity Partners and Conexo Ventures are among Vonzu's key investors.
The acquisition of Vonzu brings not only cutting-edge technology but also an experienced team and a strong customer base in Spain and Portugal. This move is set to accelerate Moova’s European expansion, as the company looks to further solidify its position in the global logistics market.
Strategic move to strengthen Moova’s offerings
“This acquisition marks a crucial step in our strategic plan to enter Europe. By integrating Vonzu, we are adding state-of-the-art technology to our portfolio, along with a talented team and a solid client base in the region,” said Antonio Migliore, CEO and Founder of Moova.
Marcos Detry, Co-Founder and CTO, also highlighted that the integration of Vonzu will allow the company to “accelerate our presence in Europe and enrich our commercial offerings.”
Moova’s impressive client portfolio
Moova’s logistics platform already supports renowned companies like Leroy Merlin, Adidas, Liverpool, and Infracommerce, demonstrating the strength of its technology. Moreover, Moova has been chosen by the largest wine producer in the U.S. to manage its harvest logistics, solidifying the company’s reputation as a leader in supply chain management.
With the acquisition of Vonzu, Moova not only gains a strategic foothold in Europe but also reinforces its commitment to innovation and operational excellence in the logistics industry. As the company continues to scale globally, this move underscores its vision of transforming last-mile delivery and supply chain operations through cutting-edge technology and regional expertise.