Waterland Private Equity (“Waterland”) acquires a majority share in Duvenbeck group. With about 6,000 employees and annual turnover recently reaching approximately EUR 700 million. Duvenbeck is one of Europe’s leading providers of transport and logistics solutions. Previous sole owner Thomas Duvenbeck will remain with the company as a key shareholder. Closing of the transaction is subject to customary antitrust approval.
Wolf Theiss advises Waterland on the Austrian, Czech, Hungarian, Polish, Romanian and Slovak aspects of the transaction. The team is led by partner Florian Kusznier (Corporate, M&A) and Martina Edlinger (Senior Associate, Corporate, M&A), who are supported by Nikolaus Wollner (Associate, Vienna), Katerina Kulhankova (Senior Associate, Prague), Zoltan Bodog (Associate, Budapest), Maciej Olszewski (Counsel, Warsaw), Mircea Ciocirlea (Counsel, Bucharest) and Dalibor Palaticky (Associate, Bratislava, all Corporate, M&A), together with a cross-practice team across the involved offices of Wolf Theiss.
Hengeler Mueller is lead counsel to Waterland (lead partners Alexander Nolte and Jens Wenzel, both M&A).