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Zara Founder Buys Dutch Warehouse for €105 Million

Purchase Comes After $1 Billion-Plus US Logistics Spending Spree in 2022
Zara founder Amancio Ortega attends a show-jumping competition in 2017 in A Coruna, Spain.  (Photo by fotopress/Getty Images) (Getty Images)
Zara founder Amancio Ortega attends a show-jumping competition in 2017 in A Coruna, Spain. (Photo by fotopress/Getty Images) (Getty Images)

The man behind fashion chain Zara, Spanish businessman Amancio Ortega, has bought a warehouse in the Dutch town of Venlo for €105 million, said a source familiar with the situation, confirming an earlier report by React News.

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