Schoenherr advised Cargo-Partner Group Holding AG and its subsidiaries Multi Transport und Logistik Holding AG, Safer Overseas Transport Holding GmbH, Cargo-Partner GND GmbH, and CARGO-PARTNER US HOLDINGS INC. ("cargo-partner") on the sale of substantially the entire cargo-partner Group to Nippon Express Holdings Inc., a global logistics company based in Japan.
Closing is expected in 2024 and is subject to the fulfilment of customary regulatory approvals.
Founded in 1983 and headquartered in Fischamend, Austria, cargo-partner is a privately owned full-range info-logistics provider offering a comprehensive portfolio of air, sea, land transport and warehousing services, with special expertise in information technology and supply chain optimisation. It has 4,000 employees at 160 offices in more than 40 countries across the globe.
Nippon Express isa provider of logistics services. It is based in Tokyo and has a strong global network that spans over 40 countries, with company direct operations in 33 nations, such as Austria. The company offers air freight, marine transportation, heavy haulage, warehousing and distribution processing, logistics design, information technology services, chartered truck services and moving services.
The Schoenherr team advising on this transaction was led by Markus Piuk (partner) and Alfred Amann (attorney at law) and further included Alexandra Jelinek (associate) and Irina Hanin (associate). The team was supported by Constantin Benes (partner), Franziska Oczlon (attorney at law), Volker Weiss (partner), Anna Visontai (attorney at law), Nina Zafoschnig (attorney at law), Marco Thorbauer (partner), Alexander Pabst (attorney at law), Kinga Hetenyi (partner), ZsófiaRideg (associate), Vladimir Cizek (partner), Michal Jendzelovsky (attorney at law), Krzysztof Lesniak (senior attorney at law), Mihaela Popescu (senior attorney at law), Jan Farbiak (attorney at law), Didem Kara (attorney at law) and Jan Primo~ič (attorney at law).
The Schoenherr team was further supported by Luther LLP and Hogan Lovells International LLP.
Freshfields Bruckhaus Deringer (Vienna and Tokyo) was legal counsel to Nippon Express.