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Classen Fuhrmanns & Partner advised Kajo Neukirchen and M Cap Finance on the acquisition of the LGI Logistics Group

On December 28, 2011 the Kajo Neukirchen GmbH and M Cap Finance Mittelstandsfonds GmbH & Co. KG acquired the contract logistics provider LGI Logistics Group International GmbH (LGI) from the Willi Betz Group.

 

The LGI Logistics Group International (LGI) is a logistics services provider with 1,900 staff at 29 locations in Europe. Founded as an outsourcing of Hewlett Packard Deutschland GmbH in 1995, LGI’s head office is in Böblingen and, until being acquired by Kajo Neukirchen GmbH and M Cap Finance Mittelstandsfonds GmbH & Co. KG, was a wholly-owned subsidiary of the Willi Betz Group. LGI designs and implements warehouse logistics, production processes and transport management for companies in the automotive, electronics, industrial and health care sectors.


“With LGI, we have invested in an outstanding company with a strong market presence in contract logistics,” says Dr. Kajo Neukirchen. “We see plenty of long-term potential which we want to develop by expanding the services on offer into new sectors.”

Kajo Neukirchen GmbH is an Eschborn-based family owned business and specialised in acquisitions of medium-sized family owned firms and corporate spin-offs. The company was founded by Dr. Kajo Neukirchen, who was the CEO of SKF, Klöckner-Humboldt-Deutz (today Deutz AG, Cologne), Hoesch and mg technologies (today GEA Group AG) for many years. M Cap Finance Mittelstandsfonds GmbH & Co. KG is an independent management company and initiator of mezzanine capital investment funds in Germany.

On the side of the Kajo Neukirchen GmbH and M Cap Finance MittelstandsfondsGmbH & Co, the transaction was legally assisted by Classen Fuhrmanns & Partnerunder the leadership of Dr. Dirk Classen. Classen Fuhrmanns & Partner started as aspin-off from a boutique specialized on M&A in January 2010, in which the threefounding partners had worked together for many years. Having conducted a largenumber of complex, often transnational corporate transactions, Classen Fuhrmanns &Partner is specialized in the area of Mergers and Acquisitions. In 2011 ClassenFuhrmanns & Partner advised Kajo Neukirchen GmbH already on the acquisition of ofthe specialty chemicals company Surfactor Germany GmbH (formerly known asCoveright Surfaces Germany GmbH).