M&A Deal Summary

Lubbers Logistics Group Acquires Wagenborg - Special Road Transport Division

On May 25, 2016, Lubbers Logistics Group acquired transportation company Wagenborg - Special Road Transport Division from Wagenborg Nedlift Groep B.V.

Acquisition Highlights
  • This is Lubbers Logistics Group’s 1st transaction in the Transportation sector.
  • This is Lubbers Logistics Group’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-05-25
Target Wagenborg - Special Road Transport Division
Sector Transportation
Buyer(s) Lubbers Logistics Group
Sellers(s) Wagenborg Nedlift Groep B.V.
Deal Type Divestiture

Target

Wagenborg - Special Road Transport Division

Netherlands
Wagenborg - Special Road Transport Division offers a number of adjacent logistics services such as drilling rig relocations, project management, recruitment services and offshore container rental.

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Buyer(S) 1

Buyer

Lubbers Logistics Group

Schoonebeek, Netherlands

Category Company
Founded 1929
Sector Transportation
Employees270
Revenue 55M EUR (2012)
DESCRIPTION

Lubbers Logistics Group is a specialist in transport and logistics for the upstream oil & gas sector and special transport for the heavy industry and energy sector. Lubbers Logistics Group B.V. was founded in 1929 and is based in Schoonebeek, Netherlands.


DEAL STATS #
Overall 1 of 2
Sector (Transportation) 1 of 2
Type (Divestiture) 1 of 2
Country (Netherlands) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 Cargo Masters

Charlotte, North Carolina, United States

Cargo Masters, Inc. is a freight transportation and logistics firm. Cargo Masters was founded in 2015 and is based in Charlotte, North Carolina.

Buy -

Seller(S) 1

SELLER

Wagenborg Nedlift Groep B.V.

Groningen, Netherlands

Category Company
Founded 1999
Sector Business Services
DESCRIPTION

Wagenborg Nedlift is an expert in providing accurate, efficient and secure solutions for challenging logistical issues and offers a complete package of logistics services for lifting and hoisting, heavy transport and assembly. Wagenborg Nedlift is active throughout Europe and beyond petrochemical industry, the energy sector and the sectors construction and infrastructure.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2016) 1 of 1