PRESS RELEASE
22 August 2022

Schoenherr Advises Logistics Company Ancla Logistik On Merger With Logsta

SA
Schoenherr Attorneys at Law
Contributor
We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
Schoenherr advised German logistics company Ancla Logistik GmbH (Ancla) on its merger with Austrian logistics scale-up Logsta GmbH (Logsta) and the simultaneous conversion...
Austria
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Schoenherr advised German logistics company Ancla Logistik GmbH (Ancla) on its merger with Austrian logistics scale-up Logsta GmbH (Logsta) and the simultaneous conversion of existing revenue based venture debt provided by Round2 Capital to Logsta.

Through this merger, Ancla and Logsta aim at becoming the largest Direct-to-Consumer (D2C) fulfilment provider in Europe. Together the firms employ more than 600 people in nine different locations in Germany, Austria, the UK, France and the USA, and handle more than 4m shipments annually.

"We are proud to have advised Ancla on this significant milestone in its corporate history, which promises great developments for the logistics industry in the future. We are glad to be part of this new success chapter," said Schoenherr partner Thomas Kulnigg, who led the team together with Christoph Moser.

Ancla is an owner-managed company and was founded in Darmstadt in 2006. Today 500 employees work at the Wetzlar site processing over 10,000 shipments every day under the PackAngels brand. The service provider specialises in medium-sized and mid-sized companies.

Round2 is a financing partner for European scale-ups with digital and sustainable business models. In the scale-up phase outstanding entrepreneurs manage to transform their business from a successful venture into a real company. Round2 offers the innovative funding instruments and insights needed to master this transformation process.

The Schoenherr team advising Ancla was led by Thomas Kulnigg and Christoph Moser (partners), and further consisted of Andreas Lengger and Angelika Fischer (attorneys at law). Schoenherr advised Ancla alongside WSS Redpoint attorneys-at-law from Germany (lead: Björn Brücher).

PRESS RELEASE
22 August 2022

Schoenherr Advises Logistics Company Ancla Logistik On Merger With Logsta

Austria
Contributor
We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
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