Express Euroscan Acquires Denis Spedition

Deal News | Oct 31, 2024 | Stratulat Albulescu

Express Euroscan Acquires Denis Spedition

Express Euroscan, a prominent Romanian company specializing in domestic and international heavy tonnage transportation, has acquired Denis Spedition SRL and Denis Spedition GMBH, two companies with expertise in refrigerated cargo transport. The strategic acquisition was advised by Stratulat Albulescu, highlighting the growth intention of Express Euroscan to increase its turnover by at least 25%. Express Euroscan is known for collaborating with numerous leading companies in the European transport market and has held the title of the most efficient transport company in the Moldova region for four consecutive years. Denis Spedition, with a fleet of 40 refrigerated trucks, serves both the import/export and domestic transport markets, focusing on food and pharmaceuticals within Germany. The acquisition involved a team led by Stratulat Albulescu's Managing Partner Silviu Stratulat and Counsel Raluca Gabor, with Express Euroscan's team including Ovidiu Placinta, Nelu Placinta, and LCL Advisory.

Sectors

  • Transportation and Logistics
  • Legal Advisory

Geography

  • Romania – The acquiring company, Express Euroscan, is based in Romania.
  • Germany – Denis Spedition GMBH, part of the acquired entities, operates within Germany.

Industry

  • Transportation and Logistics – The article details an acquisition in the transportation and logistics industry, focusing specifically on the heavy tonnage and refrigerated cargo sectors.
  • Legal Advisory – The role of Stratulat Albulescu as a legal advisor in the transaction highlights the involvement of the legal advisory industry.

Financials

  • 25.2 million lei – The reported turnover of Denis Spedition for the previous year.

Participants

NameRoleTypeDescription
Express EuroscanAcquirerCompanyA leading Romanian company in the field of domestic and international heavy tonnage transportation.
Denis Spedition SRLTargetCompanyA company specializing in refrigerated cargo transport with a presence in the import/export market.
Denis Spedition GMBHTargetCompanyA company established in 2020, part of the acquisition alongside Denis Spedition SRL, operating in Germany.
Stratulat AlbulescuLegal AdvisorCompanyProvided legal advisory services for Express Euroscan during the acquisition.
Ministry of FinancesSourceGovernmentProvided financial data on Denis Spedition's turnover.
Silviu StratulatManaging PartnerPersonLed the legal advisory team from Stratulat Albulescu.
Raluca GaborCounselPersonPart of the legal advisory team at Stratulat Albulescu.
Ovidiu PlacintaParticipantPersonPart of the Express Euroscan team.
Nelu PlacintaParticipantPersonPart of the Express Euroscan team.
LCL AdvisoryParticipantCompanyPart of the team for Express Euroscan.