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22 August 2022
press release
austria

Austria: Schoenherr advises logistics company Ancla Logistik on merger with Logsta

Schoenherr advised German logistics company Ancla Logistik GmbH (Ancla) on its merger with Austrian logistics scale-up Logsta GmbH (Logsta) and the simultaneous conversion of existing revenue based venture debt provided by Round2 Capital to Logsta.

Through this merger, Ancla and Logsta aim at becoming the largest Direct-to-Consumer (D2C) fulfilment provider in Europe. Together the firms employ more than 600 people in nine different locations in Germany, Austria, the UK, France and the USA, and handle more than 4m shipments annually.

"We are proud to have advised Ancla on this significant milestone in its corporate history, which promises great developments for the logistics industry in the future. We are glad to be part of this new success chapter," said Schoenherr partner Thomas Kulnigg, who led the team together with Christoph Moser.

Ancla is an owner-managed company and was founded in Darmstadt in 2006. Today 500 employees work at the Wetzlar site processing over 10,000 shipments every day under the PackAngels brand. The service provider specialises in medium-sized and mid-sized companies.

Round2 is a financing partner for European scale-ups with digital and sustainable business models. In the scale-up phase outstanding entrepreneurs manage to transform their business from a successful venture into a real company. Round2 offers the innovative funding instruments and insights needed to master this transformation process.

The Schoenherr team advising Ancla was led by Thomas Kulnigg and Christoph Moser (partners), and further consisted of Andreas Lengger and Angelika Fischer (attorneys at law). Schoenherr advised Ancla alongside WSS Redpoint attorneys-at-law from Germany (lead: Björn Brücher).

Thomas
Kulnigg

Partner

austria vienna

further team members
press contact

Jasmine
Schuster

PR & Marketing

austria vienna