Cargus Sold to SAMEDAY by MidEuropa
Deal News | Jun 11, 2025 | Mid Europa Partners
MidEuropa Partners, a preeminent private equity firm in Central Europe, has declared its decision to sell Cargus, a pioneering private courier company in Romania, to SAMEDAY, a parcel carrier supported by eMAG. The sale awaits approval from pertinent merger and foreign investment authorities. Under MidEuropa's ownership, Cargus enhanced its digital capabilities, notably launching a cutting-edge mobile app that improved customer satisfaction through seamless package tracking and streamlined communication. Cargus CEO Belgin Bactali expressed optimism about joining forces with SAMEDAY, aiming to leverage opportunities for business and employee growth. This divestment is part of MidEuropa's series of strategic exits throughout the year, which has generated over €2 billion in proceeds. The transaction involved significant advisory roles from Rothschild & Co, RTPR, PwC, and Kearney.
Sectors
- Private Equity
- Courier and Logistics
- Technology
Geography
- Central Europe – MidEuropa has a focus on Central Europe, conducting business transactions such as the sale of Cargus in this region.
- Romania – Cargus, the target company, is based in Romania, underscoring the geographic focus of the transaction.
Industry
- Private Equity – MidEuropa Partners is engaged in private equity investments and is executing its portfolio strategy through divestments such as the sale of Cargus.
- Courier and Logistics – Cargus operates as a courier company, which is the focus of the acquisition by SAMEDAY to expand its regional logistics capabilities.
- Technology – Cargus enhanced its digital and mobile solutions during MidEuropa's ownership, highlighting the intersection of logistics with technology.
Financials
- Over €2 billion – The total realised proceeds from MidEuropa's series of exits this year, including the sale of Cargus.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MidEuropa Partners | Selling Company | Company | A private equity firm involved in selling its stake in Cargus. |
| Cargus | Target Company | Company | The first private courier company in Romania being sold to SAMEDAY. |
| SAMEDAY | Bidding Company | Company | A regional parcel carrier backed by eMAG acquiring Cargus. |
| eMAG | Supporting Company | Company | Backs SAMEDAY in its acquisition of Cargus. |
| Rothschild & Co | Financial Adviser | Company | Advised MidEuropa on the financial aspects of the transaction. |
| RTPR | Legal Counsel | Company | Served as legal adviser to MidEuropa in the sale of Cargus. |
| PwC | Financial and Tax Adviser | Company | Provided financial and tax advice for MidEuropa. |
| Kearney | Commercial Adviser | Company | Offered commercial advice in the transaction between MidEuropa and SAMEDAY. |
| Alain Beyens | Partner | Person | Partner at MidEuropa, involved in the strategic development of Cargus. |
| Belgin Bactali | CEO | Person | CEO of Cargus, providing insights on the development and future prospects of the company. |