Peryton Advisory has advised German logistics group L.I.T. as M&A adviser on the acquisition of all shares in the Duvenbeck Group. Completion of the transaction remains subject to customary closing conditions, including the required antitrust approvals. Founded in 1932 and headquartered in Bocholt, Duvenbeck is an international logistics provider employing around 5,000 people at more than 50 locations across Europe. The group offers comprehensive transport and contract logistics services, with particular expertise in automotive logistics. The L.I.T. Group provides comprehensive logistics solutions along the entire supply chain and employs around 5,400 people at more than 130 locations in 22 countries. With 1.1 million m² of logistics space, the owner-managed group ranks among Europe’s leading logistics providers. The acquisition strengthens L.I.T.’s position in automotive logistics and expands its geographical presence in Southern and Eastern Europe. We thank the L.I.T. Group for placing its trust in us and all parties involved for their constructive and collaborative cooperation. We wish both companies and their employees every success in their shared future. Image source: AI-generated illustration based on imagery by L.I.T. AG (source 1, source 2)