ARROWHEAD INITIATES COVERAGE OF TRAXIÓN WITH A FAIR VALUE PER SHARE BETWEEN Ps. 51.40 and Ps. 62.90

Miranda Newswire – Full Press Release: Download PDF

Contact Details

Antonio Tejedo

Investors

ir@traxion.global

Alejandra Méndez

Media

a.mendez@traxion.global

Tel: +52 55 5046 7900

http://traxion.global

About the Company

TRAXIÓN is the leading transportation and logistics company in Mexico. It offers a one-stop solution through the broadest and most diverse service portfolio in the country. TRAXION’s platform operates three main business segments: mobility of cargo, logistics and technology, and mobility of personnel. The Company has 7 highly recognized brands for their leadership in different niches of the sector. TRAXION was founded in 2011 and ended 3Q21 with an average fleet of 8,788 power units, 596,615 square meters (6.4 million sq. ft.) of warehousing space, national reach, more than 1,000 clients, and more than 17,000 employees. TRAXION’s most important competitive advantages are having an experienced and committed management team, being the only consolidator in a highly fragmented industry, being the only institutional company in a sector dominated by family-owned companies and having a diversification premium.

Disclaimer

This document may contain forward-looking statements that involve risks and uncertainties. Words such as “estimate”, “project”, “plan”, “believe”, “expect”, “anticipate”, “seek”, and other similar expressions must be identified solely as forward-looking statements. Grupo TRAXIÓN warns readers that the statements or estimates mentioned in this document, or stated by the Grupo TRAXIÓN management team, are subject in their entirety to risks and uncertainties that are out of the Company’s control and may cause its results to differ materially from the management’s expectations. These forward-looking statements reflect the Company’s judgment as of the date of this release. Grupo TRAXIÓN reserves the right to update the information herein contained in this document or derived from it as it deems appropriate. Grupo TRAXIÓN’s past or present performance is not an indicator that guarantees its future performance.”