Mergers & Acquisitions

Schotpoort Logistics acquired by Duvenbeck (Waterland Private Equity)

By 23 February 2024February 27th, 2024No Comments

We made an excellent decision to engage YES CF as our M&A advisor. Selling a family business involves many emotional moments during a transaction. In addition to their professional expertise, they understand these emotional aspects exceptionally well.

Fred SchotpoortSchotpoort Logistics

YES Corporate Finance (“YES CF”) advised the three shareholders of Schotpoort Logistics (“Schotpoort”) on the sale to Duvenbeck, a portfolio company of Waterland Private Equity.

About Schotpoort

In 1934, Schotpoort was founded by Bartus Schotpoort, providing the first transportation services – using horse and carriage – for the numerous paper mills in the region. His conviction of ‘always standing next to the customer’ still forms the backbone of what is now Schotpoort Logistics. Over the years, Schotpoort has evolved from a traditional carrier into an innovative 4PL logistics service provider with a constant focus on optimizing logistics processes. Under the leadership of the third generation ‘Schotpoort’, the company has grown into an international enterprise specializing in transport, warehousing, and full logistics chain management. More information: https://schotpoortlogistics.eu/en

Fred Schotpoort, Managing Director Schotpoort Logistics:

“By coming under the Duvenbeck umbrella, we can continue developing our logistics solutions and at the same time benefit from the strong market position of a logistics company that is active throughout Europe. An additional advantage for both companies is that our service portfolio in the Netherlands fits perfectly into Duvenbeck’s growth strategy.”

Hakan Bicil, CEO van Duvenbeck:

“By acquiring Schotpoort Logistics, we’re gaining access to a region that plays a central role in the implementation of our growth strategy. Thanks to its proximity to the seaports of Amsterdam, Rotterdam and Antwerp, Schotpoort Logistics will enable us to expand our import and export logistics activities and tap into additional customer sectors in the Far East and Europe,”

About Duvenbeck 

Duvenbeck is an international logistics company offering a comprehensive range of services. With an annual turnover of EUR 1.1 billion (2023), Duvenbeck is one of the leading logistics companies in Europe, employing over 6,500 staff across 33 business locations in ten different countries. Established in 1932, the company is a full-service logistics provider specializing in lead logistics, freight transport, and third-party logistics segments, also offering cross-docking, sequencing, and traileryard services. Duvenbeck operates its own fleet of 1,600 vehicles, primarily serving renowned clients in the industrial logistics sector, including the automotive, consumer goods, plastics, and agricultural machinery industries. More information: https://www.duvenbeck.de/en/ 

About Waterland Private Equity 

Waterland is an independent private equity investment group that supports entrepreneurs in realizing their growth ambitions. Since its inception in 1999, the company has invested in over 950 businesses. Waterland currently manages over EUR 14 billion in investment commitments. With a team of 180 professionals, Waterland operates across Europe, with teams based in the Netherlands, Belgium, Germany, the United Kingdom, Ireland, Poland, France, Spain, Switzerland, Norway, and Denmark. More information: https://www.waterlandpe.com/ 

Role YES Corporate Finance 

YES Corporate Finance advised and assisted the shareholders of Schotpoort throughout the sale process. The services provided by YES CF included:

  • Drafting an Information Memorandum
  • Identifying potential buyers domestically and internationally
  • Coordinating the due diligence process
  • Structuring the deal
  • Negotiating the sale price and terms (including the LOI and SPA/purchase/sale agreement)

The transaction is subject to ACM approval (Authority for Consumers and Markets; The Netherlands ACM ensures fair competition between businesses, and protects consumer interests).

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Managing Partner

Arjan Boonekamp

Arjan Boonekamp (1970) is managing partner bij YES Corporate Finance en heeft meer dan 20 jaar corporate finance ervaring, waaronder ruime ervaring met de verkoop van MKB-bedrijven, fusies & overnames en (groei)financiering. Arjan is een ervaren dealmaker in de Mid Market.
Associate Director

Eric Koelmans

Eric Koelmans (1994) joined YES Corporate Finance in 2019 and is currently an associate. Eric holds a Bachelor in Business Economics with a specialization in Financing and Organization and a Master of Corporate Finance from the University of Amsterdam. Eric has gained experience at YES Corporate Finance as an intern after obtaining his Bachelor degree in 2018.
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