Investcorp Buys Majority Stake in German Logistics Firm

Investcorp, a leading global alternative investment firm, on Monday said that it has signed a definitive agreement to acquire a majority stake in Miebach Logistik Holding GmbH (Miebach) a leading global provider of supply chain and logistics consultancy services.

Following the transaction, Miebach’s existing equity partnership will retain a significant minority stake in the company. However, the terms of the transaction, which is expected to close in the second quarter of this year subject to regulatory clearances, were not disclosed.

Founded in 1973 by Dr Joachim Miebach and headquartered in Frankfurt am Main, Germany, Miebach is a leading global provider of specialized supply chain and logistics consultancy services, a market estimated to be worth around $33 billion and expected to grow at double-digit rates annually.

The supply chain and logistics consultancy market is exposed to long-term trends, and is expected to benefit from positive tailwinds in supply chain resiliency, sustainability, digitalisation and automation.

Miebach’s differentiated end-to-end service offering extends from the development of supply chain strategies to the implementation of engineering designs, whilst providing digital solutions and services to the client’s warehousing infrastructure.

As of the date of this announcement, Miebach employs more than 500 employees and operates out of 27 offices across 20 countries, providing seamless services to various industries and international blue-chip clients across the globe.

Under the partnership with Investcorp, Miebach will continue its pursuit of organic growth initiatives, capitalizing on its excellent reputation and high customer loyalty, whilst developing a focused M&A strategy.

Reputed Company                                    

Jose Pfeifer, Head of European Private Equity Buyouts at Investcorp, said that as a global leader in supply chain consulting, logistics and material flow engineering, Miebach Logistik Holding has established itself as the end-to-end consultant for truly international clients seeking highly complex supply chain solutions.

Pfeifer added: “With our experience in helping specialised services firms internationalise and enhance their technology-enabled service offering, we look forward to working with Jürgen, Jorge and the entire Miebach team on building on its extensive track-record, strong reputation and competitive positioning.”

Miebach’s co-CEO Jürgen Hess said that his company has built a strong reputation and loyal client base over the past decades and was prepared for the next step of its growth journey.

He also said that with the support of Investcorp, and the team’s experience across professional services, they will further develop service offering while enhancing their “One Miebach” strategy, catering to new and existing clients alike. We look forward to a successful partnership.

Since 2012, Investcorp’s European private equity group has invested $2.29 billion in companies across Europe.

The acquisition of Miebach represents the group’s fifth investment over the past 15 months, following the more recent acquisitions of SEC Newgate, Outcomes First Group, Stowe, and Epipoli, reinforcing the firm’s leadership in leading service businesses.