Waterland Private Equity, a private equity firm, completed the acquisition of a majority stake in Duvenbeck Group, a logistics company. Financial terms were not disclosed. “Duvenbeck has always been hugely proud of its distinctive corporate culture. It was important to us that a new shareholder would understand, share and actively live up to our corporate values. During our discussions with Waterland, the chemistry felt good right from the start. We are confident that we have found an ideal long-term companion in Waterland," Christian Schweckhorst, Duvenbeck Managing Director.