JSV group announces strategic partnership with Nazca Capital
- JSV and NAZCA CAPITAL have reached an agreement for the private equity firm to acquire a stake in the Group
- JSV, a company founded in Miranda de Ebro (Spain), has over 30 years of experience in managing multimodal logistics services
- JSV reported €96 million in revenue in 2024, with an average annual growth rate of over 12% in recent years
- This is the second transaction carried out by NAZCA through its Nazca Opportunities vehicle, bringing together investments from several family offices and institutional investors
Madrid, July 17th, 2025 – JSV, a family-owned group founded by Antonio Herzog over 30 years ago, has decided to bring on board NAZCA CAPITAL as a new strategic partner into its shareholding structure. NAZCA is a leading Spanish investment firm specialized in unlisted Spanish SMEs, with over 25 years of experience.
This new partnership between JSV Group and NAZCA is part of a growth model that respects JSV’s roots and existing leadership structure, as the Herzog family will retain control of management, with Sonia Herzog continuing to lead the company as CEO.
JSV highlights that the alliance was sought out to drive forward major new projects. “We are confident that this strategic partnership will generate positive synergies, enhance the efficiency of our operations, and accelerate our international expansion plans, which have been in development for some time. I would like to take this opportunity to thank everyone who contributed to making this alliance possible — we are convinced it will be a great success,” said Sonia Herzog, CEO of JSV Group.
JSV Group, led by the Herzog family, has established itself as a leading multimodal logistics and transport operator in the Canary Islands and Turkey, offering tailored solutions and specialized containers. In recent years, the company has made significant investments, including the construction of its own port terminal in Alicante and the launch of its rail terminal and dry port in Miranda de Ebro, among many others. As part of its vertical growth strategy, the company recently announced the purchase of a modern container vessel, marking the beginning of a new phase as a shipowner.
“We are very excited about this agreement, as it will allow us to take JSV even further. We have turned many dreams into reality through hard work and, above all, thanks to the efforts of the more than 270 professionals who make up this company. With this new partner, a wide range of opportunities opens for us to reach new markets and goals, while staying true to our essence and the values my father instilled when he founded this company 30 years ago,” said Sonia Herzog.
The CEO of JSV Group emphasizes that in recent years the company has received various partnership proposals. “We believe that the future and success lie in strategic alliances, and in our case, we are delighted to join forces with NAZCA CAPITAL because we share a vision and a business philosophy centered on responsible and sustainable development. NAZCA CAPITAL has recognized JSV as a well-established and growing business in the multimodal logistics and transport sector, and we see NAZCA CAPITAL as the most suitable partner due to their proven experience and ability to accelerate expansion plans like ours,” noted Sonia Herzog, CEO of JSV Group.
Ignacio Portela, partner at NAZCA responsible for the investment, points out: “JSV is a strategic investment for us because it allows us to enter such an attractive sector as sustainable multimodal logistics, and to do so alongside one of the most reputable and important operators on the national scene. We believe that we can contribute with our experience and drive JSV’s growth in an increasingly demanding market, strengthening the company’s ambitious business plan both organically and through acquisitions.”
Mesana Corporate, Pérez-Llorca, KPMG, and Roland Berger have advised NAZCA on this operation. Banco Santander, Uría, and PwC have advised JSV.