Proventis Partners advised Customs Support Group

Customs Support, the neutral and dynamic partner for customs matters in Europe, acquired WZC Riemann and DCLARE Customs Service. With this acquisition, Customs Support strengthens the presence in Germany and underpins the ambition to support clients with import, export and transit in close proximity to its clients. Friederike Engelken, managing partner of WZC Riemann will join the management board in Germany and supports the future growth plans of the group.

“As a family-run business committed to providing excellent customer service and implementing a ‘single point of contact’ policy we felt at home straight away from the first meeting with Customs Support. We are looking forward to joining forces!”, says Friederike Engelken, Managing Partner WZC Riemann.

Frank Weermeijer, CEO of Customs Support, adds: “WZC and their team are a perfect addition for Customs Support in Germany and the Netherlands and we are looking forward to working together to bring the best value to our customers. This is another important step in our ambition to becoming the leading European customs broker through organic and M&A growth.”

Proventis Partners has supported Customs Support as exclusive M&A advisor in the expansion in Germany for several years now. The acquisition of WZC Riemann and DCLARE is the fifth 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: Timo Stahlbuhk (Director, Hamburg) and Philipp Silberzahn (Associate, Hamburg).