Proventis Partners has supported Customs Support as exclusive M&A advisor in the expansion in the DACH-region for many years. The acquisition of Porath Customs Agents is the seventh successful acquisition and further transactions are to follow.
Headquartered in the Netherlands, Customs Support Group is Europe’s leading independent, digital and neutral provider of customs services employing >1,500 dedicated customs professionals serving over 15,000 customers annually. Through our extensive service offering and digital capability, we consistently support our customers in maximising regulatory compliance, achieving operational efficiencies, import duty optimisation, duty planning, and ongoing development for a constantly shifting customs landscape. In addition to traditional brokerage and digital services, Customs Support Group offers customs consulting and gas measurement services. The company is currently active in the Netherlands, Belgium, Germany, Poland, France, United Kingdom, Ireland, Italy, Finland, Sweden, Norway, Switzerland and Spain. In Europe, Customs Support Group serves many cross-border clients in several industries such as automotive, food and beverage, and many more. Customs Support is the number one in digital customs and invests substantially in the digitalisation of the customs process.
The acquisition of Porath Customs Agents strengthens Customs Support presence in Germany and Poland to make customs easy for global trade in- and outside Europe. “Offering Europe-wide, digital customs solutions from a single point of contact for our customers is an idea that has linked Porath and Customs Support for a long time. I am very pleased that Porath, as a customer-centric customs specialist, and Customs Support, as a leading digital customs broker, are now going on a joint path.” Thorsten Porath, Managing Director of Porath Customs Agents. “From the first conversations with Porath, it complied well. With their focus on digitalisation and knowledge of the customs profession, Porath’s team fits perfectly with Customs Support’s ambition: Making customs easy for global trade.” Frank Weermeijer, CEO of Customs Support Group.
In addition to identifying the customs agency and contacting its shareholders, Proventis Partners carried out the strategic analysis of the target company and guided the further transaction process from due diligence and commercial negotiation to the successful execution.