Equistone Partners Europe invests in leading Transport Services Provider Wallenborn Transports alongside President & CEO, Frantz Wallenborn
Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces that it has invested in Wallenborn Transports alongside the company’s current President and CEO, Frantz Wallenborn.
Founded in Luxembourg in 1920, Wallenborn Transports has since grown to become a leading provider of premium transportation services and one of Europe’s largest road feeder services (RFS) operators. The company has 16 offices in 12 countries around the world and is renowned for its excellence in quality of service, reliability, dynamic customer network expansion and ability to provide highly integrated transport services.
Already a trusted partner to over 800 companies in more than 40 markets, Wallenborn Transports will benefit from Equistone’s support as it further positions itself as a leading player in a fragmented European market, while pursuing geographic expansion and diversifying its offering. As he has done for the past 33 years, Frantz Wallenborn will continue to play a leading role in the company’s development and will remain a significant shareholder alongside Equistone.
Frantz Wallenborn, President and CEO of Wallenborn Transports, commented: “Wallenborn was founded by my grandfather in 1920. Since then, we have grown the company both organically and through acquisitions to become a leading specialized transport services provider in major markets including Benelux, France, Germany, Italy and Scandinavia. Having Equistone as a capital partner, with its own wealth of experience to share, will allow us to further consolidate Wallenborn’s position as a European market leader and keep on developing our premium brand in line with our customers’ growth and demands.”
Thierry Lardinois and Grégoire Schlumberger, Partners at Equistone, added: "Equistone is proud to be working alongside Frantz Wallenborn to continue developing Wallenborn’s range of premium offers and to explore new growth opportunities for the company in its niche markets. Having recently raised a new fund, we have the resources to actively support the ambitious strategy to build a unique platform for consolidation.”
Completion of the deal occurred in August.
NOTES TO EDITORS
About Equistone Partners Europe
Equistone is an independent investment firm wholly-owned and managed by its executives. The company is one of Europe’s leading investors in mid-market buyouts with a strong, consistent track record spanning over 30 years, with more than 400 transactions completed in this period. Equistone has a strong focus on change of ownership deals and aims to invest between €25m and €150m of equity in businesses with enterprise values of between €50m and €500m. The company has a team of over 35 investment professionals operating across France, Germany, Switzerland and the UK, investing as a strategic partner alongside management teams. Equistone is currently investing its sixth buyout fund, which held a final closing at its €2.8bn hard cap in March 2018.
Equistone is authorised and regulated by the Financial Conduct Authority.
Further information can be found at www.equistonepe.com
Wallenborn's mission is to be the most trusted provider of specialised transportation services in Europe. Established in 1920, Wallenborn is a leading provider of transportation services and Europe’s largest air-cargo road feeder services (RFS) operator. Wallenborn is the market leader in major markets including Benelux, France, Germany, Italy and Scandinavia, and are proud to have the most extensive European network. Wallenborn has five focus areas of road transport – air cargo, overland, secure, temperature controlled, and outsize. The company has 16 offices in 11 countries across Europe, plus operations in Dubai and Sharjah, and are ISO 9001-2015 certified.
Further information can be found at www.wallenborn.com
Agnès Catineau / Sofia Norten
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