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Transactions

Proventis Partners advised Customs Support Group

Customs Support Group, the number one digital customs broker in Europe, announces the acquisition of ZSK. With this acquisition Customs Support strengthens its local presence in Germany and expands its air freight capabilities. Both directors, Athanasios Koukaras – Tsismilis and Mladen Petricevic, will remain on board to continue the strong growth journey of ZSK together with CSG.

“Joining Customs Support is a great opportunity for both our clients and staff. We can offer clients best in class digital solutions for customs services, while our staff will enjoy the benefits of being part of the number 1 European customs broker.” – Athanasios Koukaras, Director of ZSK

“We are convinced that our clients will benefit greatly from the combined customs knowledge and comprehensive network of ZSK and Customs Support in Europe. By joining the leader in digital customs, we can service our clients even more with digital solutions and bring customs declarations to the next level in Germany and abroad!” – Mladen Petricevic, Director of ZSK

“With ZSK Customs joining Customs Support, we are offering clients more local presence and customs knowledge in main logistics hotspots in Germany. The team of Athanasios and Mladen is experienced, young and driven to provide the best service to clients! Together with the German team we can offer clients a broad and complete range of customs services in seventeen locations in Germany. Global customs expertise, local presence!” – Frank Weermeijer, CEO of CSG

Proventis Partners has supported Customs Support as exclusive M&A advisor in the expansion in the DACH-region for many years now. The acquisition of ZSK is the sixth successful acquisition and we continue to work on further acquisition opportunities. 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: Timo Stahlbuhk (Director, Hamburg).

Company Acquisition
2022