31.05.2023

Logistics company: Luther advises ERKA on sale to Noerpel Group

Stuttgart, 31.05.2023 – With effect as of the beginning of the year, the Ulm-based Noerpel Group acquired 100 % of the shares in logistics company ERKA from Stuttgart. The seller was advised by Luther Rechtsanwaltsgesellschaft in the course of the transaction.

With the sale to the Noerpel Group, ERKA reaches a forward-looking solution and secures the succession of the successful founder and entrepreneur Erich Klaschka. The Noerpel Group is strengthening its market position in Europe, further expanding its international transport business and continuing to grow in the import and export sector. Through the integration of ERKA, these goals will now be achieved together.

The acquisition results from a longstanding partnership between the two companies that has existed for years. All employees as well as the management of ERKA will be retained.

A Luther team from Stuttgart, Munich and Hanover advised ERKA on the transaction.

The definitive agreements for the acquisition of ERKA by the Noerpel Group were signed on 16 May 2023. The transaction is still subject to the approval of the antitrust authorities.

About ERKA Internationale Spedition GmbH:

ERKA Internationale Spedition GmbH was founded in 1977 in Stuttgart-Bad Cannstatt and specialised exclusively on Italian transports until 1996. With a steadly growing customer portfolio and order volume, the company moved to its own freight-forwarding facility in Stuttgart-Weilimdorf in 2001. ERKA has been able to continuously expand its specialty of break bulk cargo transports and today serves 65 target destinations in 19 European countries with an extraordinary partner network and is one of the market leaders in southern Germany for these services. In the financial year 2022, ERKA generated a turnover of around EUR 67 million.

For more information, visit: www.spedition-erka.de

On behalf of ERKA Internationale Spedition GmbH:

Luther, Corporate/M&A: Dr Thomas Kuhnle (Partner, Lead), Michael Ströbel, LL.M. (Senior Associate), Rares Holonec (Senior Associate), Dr Julian Günthner, M.A. (Associate)

Luther, Competition Law: Dr Sebastian Felix Janka, LL.M. (Partner), Melina Rohrbach (Associate)

Luther, Tax Law: Dr Zacharias-Alexis Schneider, LL.B., LL.M. (Partner)