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Announced

Geis Group to acquire a 66% stake in Quehenberger Logistics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For66%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Austria

logistics services

Majority

Cross Border

Third Party Logistics (3PL)

Pending

Private

Acquisition

Friendly

Single Bidder

Synopsis

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Geis Group, a standardised and customer-specific transport solutions provider, agreed to acquire a 66% stake in Quehenberger Logistics, a trucking and logistics services provider. Financial terms were not disclosed. “We want to actively pursue the interesting growth opportunities in the South-Eastern European market. In addition to focussing on organic growth, we have therefore discussed various options for acquisitions. Talking about our strategic ambitions with a company we have been friends with for years was clearly the preferred choice. Our companies have been working together for ten years. We know each other really well, have similar corporate cultures and full agreement on strategic perspectives. Therefore, we are very pleased that this transaction has worked out," Hans-Wolfgang Geis, Geis Group Managing Partner.

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