Leading logistics group Duvenbeck and Waterland Private Equity establish growth partnership
Hamburg/Bocholt, Germany, 14 January 2022 – Investment group Waterland Private Equity (“Waterland”) has acquired a majority share in the 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. The company will retain its previous sole owner Thomas Duvenbeck as a key shareholder. He will continue to assist the Group in all strategic development matters, including as chairperson of the advisory board. The transaction remains subject to the usual antitrust approvals, while further financial details have not been disclosed.
Read the entire article here.