M&A Deal Summary

Groep Essers Acquires Hessenatie Logistics NV

On April 7, 2011, Groep Essers acquired transportation company Hessenatie Logistics NV

Acquisition Highlights
  • This is Groep Essers’ 1st transaction in the Transportation sector.
  • This is Groep Essers’ 1st transaction in Belgium.

M&A Deal Summary

Date 2011-04-07
Target Hessenatie Logistics NV
Sector Transportation
Buyer(s) Groep Essers
Deal Type Add-on Acquisition

Target

Hessenatie Logistics NV

Antwerp, Belgium
Hessenatie Logistics NV is a provider of logistics and integrated supply chain solutions in Europe.

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Buyer(S) 1

Buyer

Groep Essers

Genk, Belgium

Category Company
Sector Transportation
DESCRIPTION

Groep H. Essers is a logistics service provider. Based on Gimv?s know-how and experience in supporting the growth strategies of family-owned businesses, Gimv created the framework that allowed the company to increase its cash flow by 300% and its turnover by 400%. At the end of 2001, Gimv sold its 40% stake in the company to the Essers family.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2011 M&A 1 of 1