Schneider Group, an Invision portfolio company and a leading Swiss freight forwarder, announces the acquisition of a majority stake in Austrian logistics and freight forwarding specialist BTG Spedition & Logistik GmbH (“BTG”), headquartered in Vienna.
Founded in 1999 and with offices in Austria and Slovakia, BTG provides its customers with high-quality solutions in road transport, sea and air freight as well as logistics.
Martin Isler, COO Road at Schneider, commented: “Through the already existing strong relationship, we are familiar with the exceptional corporate culture and professionalism of BTG and its employees. With BTG, we not only acquire a majority stake in a successful medium-sized freight forwarder, but also enter the Austrian and Central and Eastern European market.”
Christian Hemmrich, Partner at Invision, added: “We are pleased to conclude our 11th acquisition at Schneider. As part of our successful buy and build strategy, we continue to seek well-positioned mid-sized freight forwarders and customs clearance service providers in Europe and North America for the coming years.”
Since its foundation in 1997, Invision has become one of the leading investment companies for succession solutions of medium-sized companies in Europe. During this time, Invision has invested more than CHF 1 billion of equity capital in over 60 companies and achieved sustainable value growth. Invision is a dedicated and entrepreneurial partner to business owners, entrepreneurs, and management teams with the goal of further developing companies together. For all its investments, Invision places strong emphasis on thoroughly understanding the company’s as well as the entrepreneurs’ specific needs, developing individual and tailor-made solutions.
Further information can be found under www.invision.ch
ABOUT SCHNEIDER GROUP
Schneider Group, founded in 1865, is an internationally oriented medium-sized forwarding company. With more than 1’000 employees and at more than 56 locations in Switzerland, Europe, the USA and Asia, and with the help of a worldwide network of partners, the logistics specialist plans and coordinates cross-border freight transport for its customers. In addition to road transport, sea and air freight, Schneider offers comprehensive services, particularly in the areas of customs clearance, logistical value-added services, and special services.
Further information is available at www.schneider-transport.com