Delphi Advisors advised the family shareholders of Frölich Internationale Transporte on succession planning via M&A, as a result of which the company joined Transimeksa Group.
Frölich is a German logistics company which looks back upon a rich 135 year history as a Frölich family founded, owned and managed business. In the last 10 years, the company successfully developed an intermodal business between Germany and Italy utilizing a direct rail connection, also serving customers in Austria, Switzerland, Benelux and other European countries.
Joining the Lithuanian transport group marks the next milestone in the history of Frölich, enabling expansion of the business and service portfolio. Together with Frölich’s over 90 employees and fleet of approximately 60 trucks and 90 trailers, Transimeksa Group now counts 1,200 employees, over 600 trucks and 800 trailers.
Going forward, Transimeksa envisions to build upon the intermodal expertise and leverage the expertise within Frölich to expand their geographical scope and service offering.
Delphi Advisors herewith successfully completed another cross border, mid-market industrial services mandate enabling its client to achieve their strategic goals.