Transactions
Proventis Partners advised Customs Support
Customs Support, the independent and dynamic partner for customs matters in Europe, announces the acquisition of FCZ. Customs Support aims to become the leading digital and neutral customs broker in Europe. This acquisition strengthens the presence of Customs Support throughout Europe and gives the group an excellent position at Frankfurt Airport and in the customs-related air freight sector.
“In our ambition to be the best customs broker in Europe, we are very happy with this addition and welcome the team to our family. First Class Zollservice is a great fit in serving our customers better and further strengthens our network, gives us access to new talents and provides better coverage for our relations”, says Frank Weermeijer, CEO of Customs Support Group.
Proventis Partners has supported Customs Support as exclusive M&A advisor in the expansion in Germany for several years now. The acquisition of FCZ is the fourth successful acquisition and further transactions are to follow. In addition to identifying the customs agency and contacting its shareholders, Proventis Partners carried out the strategic analysis of the target company and guided the further transaction process from due diligence and commercial negotiation to the successful execution. The Proventis Partners transaction team: Jost Hartmann (Partner, Hamburg) und Timo Stahlbuhk (Director, Hamburg).