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Schoenherr and Freshfields Advise on EUR 1.4 Billion Sale of Cargo-Partner Subsidiaries to Nippon Express

Schoenherr and Freshfields Advise on EUR 1.4 Billion Sale of Cargo-Partner Subsidiaries to Nippon Express

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Schoenherr, working with Luther and Hogan Lovells, has advised the Cargo-Partner Group Holding on its EUR 1.4 billion sale of Cargo-Partner GmbH and 60 other subsidiaries to Nippon Express Holdings. Freshfields Bruckhaus Deringer advised the buyer.

Closing is expected in 2024, pending regulatory approval.

Founded in 1983, Cargo-Partner is an Austria-headquartered privately owned info-logistics provider offering a portfolio of air, sea, land transport, and warehousing services, with a special focus on information technology and supply chain optimization.

Nippon Express is a Japan-based logistics services provider, with a network of offices in 33 countries. The company offers air freight, marine transportation, heavy haulage, warehousing and distribution processing, logistics design, information technology services, chartered truck services, and moving services.

The Schoenherr team was led by Austria-based Partner Markus Piuk and Attorney-at-Law Alfred Amann and included Partners Constantin Benes and Marco Thorbauer, Attorneys-at-Law Franziska Oczlon, Anna Visontai, Nina Zafoschnig, and Alexander Pabst, and Associates Alexandra Jelinek and Irina Hanin; Hungary-based Partner Kinga Hetenyi and Associate Zsofia Rideg; Czech Republic-based Partner Vladimir Cizek and Attorney-at-Law Michal Jendzelovsky; Poland-based Senior Attorney-at-Law Krzysztof Lesniak; Romania-based Senior Attorney-at-Law Mihaela Popescu; Slovakia-based Attorney-at-Law Jan Farbiak; Turkey-based Attorney-at-Law Didem Kara; and Slovenia-based Attorney-at-Law Jan Primozic.

The Freshfields team was led by Vienna-based Partner Konrad Groeller and included Partners Florian Klimscha, Karin Buzanich-Sommeregger, and Catherine Kubik, Counsel Gernot Fritz, Principal Associates Stephan Roedler, Leonhard Prasser, Matthias Hofer, and Anna Binder-Gutwinski, Associates Martin Zankl, Patrick Wagender, Anastasiia Nadtochii, Willibald Salomon, Sophie Pretscher, Iris Amschl, and Can-Michael Nural, as well as lawyers from the firm’s Tokyo and Hong Kong offices.

Editor's Note: After this article was published, Nestor Nestor Diculescu Kingston Petersen announced it had advised Nippon Express Holdings alongside Freshfields. The firm's team included Partner Razvan Vlad, Senior Associates Vlad Anghel, Roxana Iordache, Madalina Vasile, and Daniel Stancescu, and Associate Catalina Dan.

Subsequently, the Polenak Law Firm and Selih & Partnerji announced they had advised Nippon Express Holdings as well. The Polenak team included Managing Partner Kristijan Polenak and Partner Tatjana Shishkovska.

The Selih & Partnerji team included Partner Natasa Pipan Nahtigal, Attorneys-at-Law Nino Bostic Sluga and Ema Patricija Koncan, Senior Associates Lenart Kmetic and Miha Hocevar, and Associates Tim Music Kralj and Marusa Juhant.

Upon the deal's closing on January 4, 2024, Boyanov & Co. announced it had advised Nippon Express alongside Freshfields. The firm's team was led by Partner Nikolay Zisov and included Associate Deyvid Iliev.

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