Advised on Purchase of CompanyTransport & Logistics
Acquired 100% of Business Operations
On November 10, 2021, Hellmann Worldwide Logistics International GmbH acquired a 100% stake in Innight Hungary Express Kft. Since 2010, Innight has been providing Hungarian and international overnight express delivery services to its customers. In the field of overnight forwarding, customers receive their shipments by the beginning of the work day, no later than 8 am in the morning, thus gaining a significant competitive advantage over users of traditional daytime express delivery. In recent years, Innight has grown into Hungary's leading overnight express solutions provider, also establishing subsidiaries in Romania and Slovakia.
Hellmann Worldwide Logistics was founded in 1871 in Osnabrueck, Germany by Carl Heinrich Hellmann and is still family-owned today. Hellmann is a major global player in the fields of logistics, with more than 263 sites in 59 countries and € 2.5 billion in net sales in 2020. Hellmann’s range of services includes classic forwarding services by Airfreight, Seafreight, Road & Rail, as well as a comprehensive range of CEP services, Contract Logistics, Industry and IT solutions. Through the transaction, Hellmann entered the Hungarian market and aims also to grow into related overnight express delivery markets.
IMAP Hungary was the exclusive transaction advisor to the buyer.