Transporeon-Management striving for growth
German E-logistics provider Transporeon from Ulm signs contract with Riverside investor:
The German E-logistics provider Transporeon based in Ulm signed a cooperation agreement with the investor Riverside on 8 July 2011. The international investor is specialising on leading medium-sized enterprises and shall support Transporeon to grow further. The core of the partnership is the expansion of Transporeon to North America and Asia, as well as the development of new products and services. The transaction is subject to the approval of the competitive authorities.
The internationally acting Transporeon GmbH covers the web-based logistics platform Transporeon, which was established in 2000, as well as the online platform Ticontract, which is specialising in freight tenders. With locations in 13 countries, and a 170 employees in total Transporeon links more than 450 shippers and more than 20,000 forwarders.
Riverside is a globally leading private-equity company, concentrating on holdings in small and medium sized enterprises. Since its establishment in 1988 Riverside, with more than 195 experts at 19 locations has invested a total entrepreneurial value of more than EUR 4.4 billion in more than 250 transactions. The holding portfolio in North America, Europe and Asia comproses currentla 75 enterprises with 14,000 employees in total.
Quelle: LogEastics
Portal: www.logistik-express.com