Equistone Partners Europe invests in leading transport services provider Wallenborn Transports
Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, 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.