In its efforts to expand the reach and diversification of its logistics businessAmancio Ortega, is leaving our antipodes, to buy a significant stake in an Australian logistics giant.
This operation represents Pontegadea’s first entry into the Australian continent and strengthens the investment arm strategy of Ortega in the global logistics sector, an area that the millionaire has proven to control very well since it is the key to Inditex expansion as a global fashion giant.
The Australian adventure of Amancio Ortega. According to information of Financial Review Spanish magnate, through his family office Pontegadeais going to join a group of investors led by the Macquarie Asset Management fund, to present a purchase proposal for 100% of the Australian technology giant. Qube logistics. The operation values the company at 11.6 billion Australian dollars, which is equivalent to about 6.9 billion euros.
This offer involves paying 28% more for each Qube share than the price at which it was trading just before the first proposal was made known. The purchase would be made through an agreement approved by shareholders at a meeting, without the need for a traditional public purchase offer process. Macquarie already owns 18.4% of the company, so the operation would ensure control of the rest of the shareholders.
His first operation in Australia. This is the first investment that Pontegadea makes outside Europe or USAand is committed to addressing it by diversifying its logistics business. As is customary every time Pontegadea faces a new challenge, it does so from a conservative profile staying in the backgroundletting its partners take the initiative in direct management.
On this occasion, the operation is led by the consortium formed by Macquarie, which includes other investment funds such as UniSuper, Brighter Super and Mercer. The intention with this purchase is to take advantage of Qube’s position in the Australian and New Zealand supply chain to expand into Asia, where trade is growing.
Qube Business. Sydney-based Qube is the largest import and export logistics operator in Australia, New Zealand and Southeast Asia. It is responsible for storing goods, managing ports, distributing containers by road and manufacturing transport equipment, in addition to providing services to sectors such as mining, energy and construction.
The purchase of this company coincides with Pontegadea’s recent investments in the port operatorsand logistics warehouses, but it opens a new investment door, bringing the company closer to the import and export business with Asia.
Previous investments in logistics. Although this is its first foray into Australia, Pontegadea has already invested significantly in logistics assets in Europe, the United Kingdom and the United States. In October 2025 bought a logistics center of 80,000 square meters in the vicinity of Liverpool, leasing to Amazon, for 81 million euros.
In addition, Pontegadea acquired a portfolio of warehouses and logistics platforms in Europe and the United States for more than 900 million dollars, and entered the British port business with the purchase of 49% of PD Ports. These operations show a clear commitment to diversifying Pontegadea’s portfolio towards logistics infrastructures in different countries, and not focusing only on real estate investments.
Image | GTRES, Unsplash (Nathan Cima)
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