Express Euroscan Expands with Acquisition of Denis Spedition
Deal News | Nov 01, 2024 | CEE Legal Matters
Express Euroscan, a Romanian heavy tonnage transportation company, has successfully completed the acquisition of Denis Spedition SRL and Denis Spedition GMBH, both specializing in refrigerated cargo transport. This strategic purchase aims to enhance Express Euroscan's business by increasing its turnover by a minimum of 25%. The legal firm Stratulat Albulescu advised Express Euroscan on the acquisition. Denis Spedition, known for its fleet of 40 refrigerated trucks used primarily for the transportation of food and pharmaceuticals, is expected to integrate seamlessly into Express Euroscan's operations. The legal advisory team was led by Silviu Stratulat, Managing Partner, and Raluca Gabor, Counsel, at Stratulat Albulescu.
Sectors
- Transportation and Logistics
- Legal Services
Geography
- Romania – Both Express Euroscan, the acquiring company, and Stratulat Albulescu, the legal advisor, are based in Romania.
- Germany – Denis Spedition GMBH, one of the acquired entities, operates in Germany, indicating its geographical relevance in this transaction.
Industry
- Transportation and Logistics – This industry includes companies involved in the conveyance of goods, services, and information between points. Express Euroscan operates within the heavy tonnage transportation sector, while Denis Spedition specializes in refrigerated cargo.
- Legal Services – Stratulat Albulescu, the legal firm advising Express Euroscan, operates within the legal services industry, providing crucial advisory services during the acquisition.
Financials
- 25% – The expected increase in turnover for Express Euroscan following the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Express Euroscan | Acquirer | Company | A Romanian company that specializes in heavy tonnage transportation. |
| Denis Spedition SRL | Target | Company | A refrigerated cargo transport company involved in the acquisition, operating primarily in the transportation of food and pharmaceuticals. |
| Denis Spedition GMBH | Target | Company | The German branch of Denis Spedition involved in the acquisition, operating primarily in the transportation of food and pharmaceuticals. |
| Stratulat Albulescu | Legal Advisor | Company | A legal advisory firm that provided guidance to Express Euroscan on the acquisition. |
| Silviu Stratulat | Managing Partner | Person | Managing Partner at Stratulat Albulescu, involved in advising Express Euroscan in the acquisition. |
| Raluca Gabor | Counsel | Person | Counsel at Stratulat Albulescu, part of the advisory team for the acquisition. |