Crossminds consults on the sale of transport company G. Vlug en Zoon

On January 31, 2014 the acquisition of transport company G. Vlug en Zoon by Peter Appel Transport became a fact. The merger was signed with retroactive effect as of January 1, 2014. The acquisition creates a company of approximately 1,150 employees and 550 towing units.

Crossminds guided the shareholders and management of G. Vlug en Zoon through the sale of their holdings. The reason behind the sale was a succession issue within the family business of G. Vlug en Zoon.

The entire process took approximately six months. The quick turnaround of the acquisition process was partly possible because both companies had already been working together for a long time in certain areas and has several joint clients. The very similar cultures in both companies also contributed to the management teams quickly finding common ground.

Part of the management of G. Vlug en Zoon B.V. joined the management of Peter Appel Transport. The name G. Vlug en Zoon will remain used after the takeover.