Binder Grösswang advises Castik Capital on its investment in inet-logistics

Binder Grösswang advised Castik Capital on its investment in inet-logistics. Funds advised by Castik Capital have acquired a majority stake in inet-logistics, Austria from the international transportation and logistics company Gebrüder Weiss.

Gebrüder Weiss, together with founder Oswald Werle, remain a shareholder of inet-logistics. The parties have agreed to keep financial details of the transaction confidential.

inet-logistics is a rapidly growing software-as-a-service provider of transportation management systems (TMS) for complex, global transportation networks. The inet TMS connects all participants in the supply chain with its web-based platform – across modes, in real time and for in- and outbound transportation flows. This optimisation of the supply chain leads to tangible transportation cost savings for its customers. inet-logistics is a long-standing member of Gartner’s TMS Magic Quadrant. The company, which was founded in 1999, is led by its founder and CEO Oswald Werle.

Internationaler Lead Counsel was Willkie Farr & Gallagher LLP led by Axel Wahl (Corporate).  

The Binder Grösswang -Team comprised Corporate/M&A partner Thomas Schirmer and Associate Cordelia Klauhs.