POELLATH advises management of Transporeon GmbH on sale to Trimble
Industrial technology company Trimble has acquired Transporeon GmbH (“Transporeon”), a leading cloud-based platform for logistics and transportation management. The seller was HG Capital (“Hg”). The merger is still subject to customary regulatory approvals. The transaction is expected to close in the first half of 2023. POELLATH provided comprehensive legal advice to the management of Transporeon GmbH in connection with the sale.
Ulm-based Transporeon is a multinational logistics software company and operates the largest global freight network with more than 1,300 industrial shippers, over 100 major retailers and more than 145,000 forwarding agents and logistics service providers. The company has 18 offices worldwide with 1,400 employees in 27 countries and operates primarily in Europe and developed markets in the Americas and Asia.
Trimble is an industrial technology company focused on helping the world work better. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, visibility and sustainability. From purpose-built products to complete life-cycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.
Hg is a European private equity firm specializing in the technology, services and industrial technology sectors. The sale of Transporeon GmbH is the fourth full divestment of Hg to a strategic buyer in the last 12 months.
POELLATH provided comprehensive legal advice to the management of Transporeon GmbH within the context of the sale with the following Munich-based team:
- Dr. Benedikt Hohaus (partner, lead, management participations).
- Jan Lukas Jungclaus (associate, management participation)
- Ida Suess (associate, management participation)
