Express Euroscan Boosts Fleet with Denis Spedition Acquisition
Deal News | Nov 01, 2024 | CEE Legal Matters
Stratulat Albulescu has provided legal counsel to Express Euroscan in their acquisition of Denis Spedition SRL and Denis Spedition GMBH. Express Euroscan, a Romanian heavy tonnage transport company, has acquired these refrigerated cargo transport companies to expand its capabilities and market presence. The acquisition, which involves a fleet of 40 refrigerated trucks used for food and pharmaceutical transport, aims to increase the turnover of Express Euroscan by at least 25%. This strategic move strengthens Express Euroscan's service offerings in the refrigerated transport sector. The legal team from Stratulat Albulescu was led by Managing Partner Silviu Stratulat and Counsel Raluca Gabor.
Sectors
- Transportation and Logistics
- Legal Services
Geography
- Romania – Express Euroscan, the acquiring company, is based in Romania, and the legal advisory firm involved, Stratulat Albulescu, also operates in this region.
Industry
- Transportation and Logistics – The article focuses on the acquisition of companies involved in heavy tonnage and refrigerated cargo transportation, key segments of the logistics industry.
- Legal Services – Stratulat Albulescu, a legal advisory firm, played a crucial role in facilitating the transaction, highlighting the involvement of legal services in M&A activities.
Financials
- 25% – Expected increase in turnover for Express Euroscan as a result of acquiring Denis Spedition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Express Euroscan | Acquirer | Company | A Romanian company specializing in heavy tonnage transportation. |
| Denis Spedition SRL | Target | Company | A refrigerated cargo transport company part of the acquisition. |
| Denis Spedition GMBH | Target | Company | Another refrigerated cargo transport company included in the acquisition. |
| Stratulat Albulescu | Legal Advisor | Company | Provided legal advice to Express Euroscan for the acquisition deal. |
| Silviu Stratulat | Managing Partner | People | Managing Partner at Stratulat Albulescu leading the legal advisory team for this transaction. |
| Raluca Gabor | Counsel | People | Counsel at Stratulat Albulescu and part of the legal team advising on the acquisition. |