JSV Group announces the addition of Nazca Capital as a strategic partner

Nazca Capital is the chosen partner by the multimodal operator to develop its expansion and continuous improvement strategy, expand geographic coverage, and optimize logistics services.

JSV, a family-owned group founded by Antonio Herzog more than 30 years ago, has decided to incorporate a new strategic partner into its structure. This partner is Nazca Capital, a leading private equity firm investing in unlisted Spanish SMEs, with an extensive track record of over 25 years of experience.

This new partnership between Grupo JSV and Nazca is framed within a growth model that respects the company’s roots and existing leadership structure, as the Herzog family will continue to lead the management, with Sonia Herzog at the helm as the company’s CEO.

At JSV, they emphasize that this alliance was sought to advance new and major projects. “We are confident that this strategic integration will generate positive synergies, enhance the efficiency of our operations, and accelerate our international expansion plans, on which we have been working. I would like to thank everyone who made this partnership possible — we are convinced it will be a great success,” said Sonia Herzog, CEO of Grupo JSV.

Led by the Herzog family, Grupo JSV has established itself as a leading multimodal logistics and transport operator in the Canary Islands and Turkey, offering tailored solutions and special containers. In recent years, the company has made major investments, such as building its own port terminal in Alicante and launching its rail terminal and dry port in Miranda de Ebro, among others. Following its vertical growth strategy, it recently announced the acquisition of a state-of-the-art container ship, marking the beginning of a new stage as a shipowner.

“We are very excited about this agreement because it will allow us to make JSV even bigger. We have managed to make many dreams come true through hard work and, above all, thanks to the efforts of the more than 270 professionals who make up the company. Now, with this new partner, a wide range of opportunities opens up for us to reach new markets and goals while maintaining our essence and the values with which my father founded this company 30 years ago,” said Sonia Herzog.

The CEO of Grupo JSV highlighted that in recent years, they have received various partnership proposals. “We believe that the future and success depend on strategic alliances, and in our case, we are delighted to join forces with Nazca Capital, as we share a vision and business philosophy based on responsible and sustainable growth. They have seen in JSV a solid and growing business in the logistics and multimodal transport sector, and we see in Nazca Capital the ideal partner, given their experience and proven ability to accelerate expansion plans like ours,” emphasized Sonia Herzog, CEO of Grupo JSV.

Ignacio Portela, Nazca partner responsible for the investment, stated: “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 in Spain. We believe that with our experience, we can contribute and drive JSV’s growth in an increasingly demanding market, strengthening the company’s ambitious business plan both organically and through acquisitions.”

In 2024, Grupo JSV achieved sales of 96 million euros, with an average annual growth rate of over 12% in recent years.

This operation marks Nazca Capital’s second investment through its Nazca Opportunities platform, which brings together investments from several family offices and institutional investors.

About JSV

Since its inception, JSV has stood out for its innovation in custom solutions and special containers, and for offering fast, efficient service with direct control at every stage of the logistics chain using its own resources. It began operations in 1994 with maritime transport and the first patented containers in the Canary Islands, also investing in modern facilities for the logistics of dry and temperature-controlled goods, both in full containers and palletized cargo. Later, as part of its multimodal strategy and sustainability plan, it invested more than 7 million euros in the rail terminal and dry port in northern Spain (Terminal de Contenedores de Miranda – TCM), to expand rail connections and reduce its carbon footprint.

In the same line, in October 2023, it launched the Alicante Port HUB, its own terminal of over 70,000 square meters, with an initial investment of 12 million euros. This has allowed the group to integrate its services and establish a key node for efficient and sustainable multimodal connections.

Currently, JSV is a leader in maritime services with the Canary Islands, offering express and regular routes, and has also consolidated its business vision in Turkey with a service as fast as road transport and with the same capacity but fewer emissions.

About Nazca

Nazca is a private equity management firm specializing in investments in unlisted Spanish family businesses, with 25 years of experience and more than 100 transactions executed.

Currently, Nazca manages three differentiated investment strategies:
Investments below 30 million euros through its Nazca Small Caps II Fund; investments between 30 and 150 million euros through its Nazca Opportunities platform, which groups together investments from various family offices; and its investment strategy in the aerospace and defense sector through the Nazca Aerospace and Defense INNVIERTE I FCR Fund, currently in the fundraising phase with a goal of reaching 600 million euros in commitments.