openPR Logo
Press release

ARTHOS advises IQS Group on its sale to Scan Global Logistics

03-01-2019 12:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ARTHOS Corporate Finance

ARTHOS advises IQS Group on its sale to Scan Global Logistics

Global expansion of the special solution provider for high-end automobile logistics

Munich, 2 January 2019 - Scan Global Logistics A/S completed today the acquisition of the leading special solution provider for high-end automobile logistics – the International Quality Service Group (IQS Group) based in Germany.

ARTHOS acted as exclusive financial adviser to the shareholder of IQS Group GmbH in this transaction. ARTHOS provided full M&A sell-side advisory services including analysing and approaching national and international potential strategic partners together with AICA partner firms and driving the subsequent M&A process including co-ordination of the due diligence and leading negotiations of commercial terms of all agreements. Our AICA partner DealHaus proposed and introduced us to the buyer in this strategic transaction.

“Selling his company is always a big step for the founding owner. Subsequently, finding the right partner for the company was a very difficult task,” comments Norbert Wegener, co-founder and seller of the shares of the IQS Group. Aligning personal perspectives with a prosperous future of the company is a fine line. “The targeted strategic buyer should perfectly fit into the globalization strategy of the IQS Group. Ideally, the seller and buyer would ultimately benefit from commercial synergies,” declares Marc Oedekoven, Chairman of the IQS Group. “During the search phase, the due diligence and the negotiations, the ARTHOS team has continuously provided great advise and support.”

“This acquisition is a natural strategic step forward in the ongoing progression and development of Scan Global Logistics internationally,” says Allan Melgaard, Group CEO of Scan Global Logistics. “IQS Group is a perfect fit in our strategy and enables us to take a position as one of the leading companies in the automotive industry. Germany is probably the number one country in the world in terms of high-end car manufacturers - many of which are also IQS Group customers. Obviously, that market and the know-how obtained via IQS Group is very attractive and enable us to grow in our existing market in China and the US.” He continues, “We believe that our existing and future automotive clients will experience major benefits from the expertise and insights pertaining to the high-end automotive market demands that we gain via IQS Group. On top of all this, SGL and IQS Group have similar values when it comes to customer care, the quality in our services as well as an entrepreneurial approach.”

IQS Group caters to the special requirements of high-end automobile logistics and partners with a number of well-known high-end brands and manufacturers and will continue to operate under its present brand name.

About IQS Group
The IQS Group is one of the leading logistics providers for special automotive transport by air and ocean. Founded in 1998, the delivery of cars to special testing events worldwide and exhibitions were driven by IQS Group’s innovative logistic solutions. Offering support for worldwide infrastructural tasks linked to the organization and operation of testing projects in remote areas IQS has built a strong reputation ever since. The implementation of innovative ideas and the continuous development of own loading devices and procedures including high-secured warehouse facilities make IQS Group unique. IQS operates 5 offices in Germany, the US and Dubai.

About Scan Global Logistics
Scan Global Logistics is a Nordic based full-service global freight forwarding provider with nearly 1300 employees working out of 96 offices in 26 countries, specialized in complex logistics solutions. The Group offers customers a wide range of global transportation and logistics supply chain solutions with a complete coverage on air, ocean and overland transportation.

ARTHOS is an independent M&A advisory firm and specialist for digital media, IT and high-tech industries based in Munich. Since 2003, ARTHOS services customers on the buy- and sell-side regarding the acquisition or disposal of companies and business units worldwide. The partners of ARTHOS so far have successfully closed over 150 M&A transactions. ARTHOS is member of AICA – the global Alliance of International Corporate Advisers.

ARTHOS Corporate Finance GmbH
Knöbelstraße 28
80538 Munich, Germany
Tel. +49 (0)89 2429 4350
Fax +49 (0)89 2429 5355

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ARTHOS advises IQS Group on its sale to Scan Global Logistics here

News-ID: 1624292 • Views: 370

More Releases from ARTHOS Corporate Finance

ARTHOS advises Data Respons AS on its acquisition of frobese GmbH
Strengthening Data Respons’ position within software development and IT consulting for financial institutions Munich, 12 January 2021 - Data Respons AS has today closed the acquisition of 100% of the shares in frobese GmbH Informatikservices (“Frobese”), a German company and successful team of experts specialized in software engineering services for banks and insurance companies with 96 employees and headquartered in Hanover. Frobese focuses on IT consulting, project management and software development
ARTHOS advises Indutrade on its acquisition of Stein Automation
Expansion in industry 4.0 conveyor systems for production process optimization Munich, 31 January 2020 - Indutrade has completed the acquisition all of the shares in the German company Stein Automation GmbH & Co. KG, after approval by the German Competition Authority, Bundeskartellamt. ARTHOS served as M&A advisor to Indutrade AB. The main tasks included identification and introduction of the target company, evaluating and structuring the offer. In addition, ARTHOS assisted the Indutrade
ARTHOS advises INTEGR8 on its sale of a majority stake to Ufenau
- Buy and build strategy to create a leading integrated digital agency - The shareholders of INTEGR8, a fully integrated digital agency providing its clients a unique 360 degrees approach covering all aspects of data driven marketing, creative design and technology, have sold a majority stake to Ufenau Capital Partners, a privately-owned Swiss Investor Group focused on buy and build investments in service companies in German-speaking countries. ARTHOS acted as exclusive financial
ARTHOS advises Data Respons ASA on its acquisition of DONAT group GmbH
Strengthening Data Respons’ position within software development and industrial digitalisation Munich, 3 July 2019 - Data Respons ASA has today signed an agreement to acquire 100% of the shares in DONAT group GmbH (“DONAT”), a German R&D Services company headquartered in Ingolstadt with more than 140 employees. The company is a leading niche provider of SW solutions and specialist services within software development and architecture, system integration and test management as

All 5 Releases

More Releases for Group

Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of
Crowson Law Group
It is commonly said that there is no such thing as minor surgery. Whether it’s getting an appendix removed or having a hip replacement, all surgical procedures are serious; more so if an error occurs during such a surgery. However, is any surgical error considered to be medical malpractice? This article will determine when a surgical error can be said to have reached the level of medical malpractice. It must
Skye Dental Group
The Skye Dental Group has some of Glasgow’s most established, hygienic and professional practices under its umbrella. This includes The Glasgow Dentist, based in the Rutherglen area of Glasgow. The practice offers a range of private dental treatments such as teeth straightening systems, Damon Braces, Invisalign and Six Month Smiles, as well as dental implants for missing teeth and general dentistry and hygienist services. Damon Braces Damon Braces are a fixed brace teeth
Sharp World Group
Pour développer la fabrication il faut perfectionner son fonctionnement et intégrer de nouvelles méthodes modernes. A mesure que de nouvelles technologies apparaissent les entreprises сherchent à modifier l’équipement pour améliorer la qualité du produit. De tels changements influencent la fidélisation des clients ce qui assure les bénéfices et le profit de l’entreprise. Sharp World Group est une des sociétés leaders de production des systèmes de refroidissement et de congélation. Avec son
Dr. Batra's Group Profile
Dr. Batra's – the name that represents excellence and commitment to the health services sector – the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr. Batra’s is to innovate, to excel at whatever is created and to build a brand that constantly strives for something still better! Transparency in business and abiding by their fundamental principles
DeltaQuest Group Launches
My Second predominantly aims to assist and support individuals and their families with attaining citizenship abroad and obtaining work visas where required. The site extends to provide individuals with country specific citizenship laws and immigration options including economic citizenship programs. The main services offered by DeltaQuest Group via website portal include; country specific citizenship laws, permanent and temporary residency and work visas, information on required documentation