Romania: Schoenherr advises euShipments.com on acquisition of Helpship
Schoenherr Romania advised BlackPeak-backed euShipments.com, one of the fastest-growing ecommerce logistics platforms in the region, on the acquisition of a majority stake in Romanian e-fulfilment provider Helpship.
The new partnership will further strengthen the market position of euShipments and unlock numerous benefits for its customers, including new cross-border shipping services, faster transit times to various European countries and a more seamless and integrated customer experience. This is the second strategic acquisition for euShipments since the investment from private equity fund BlackPeak Capital in 2022.
"This transaction strengthens euShipments' presence on the Romanian e-commerce logistics market and represents an important strategic next step in the development of Helpship," said Schoenherr partner Mădălina Neagu. "We are happy to have contributed to our client's broader strategy to establish market-leading positions in key markets in the region."
euShipments brings over 10 years of experience in building and operating a highly efficient fulfilment and cross-border delivery network that combines the entire portfolio of services of more than 50 leading courier companies in Europe. As a result, the company offers its clients over 600 delivery methods throughout the continent.
Helpship is an e-fulfilment provider that was founded in 2019 by two Romanian entrepreneurs. By 2023, the company was among the most successful and preferred local fulfilment service providers, processing more than 80,000 online orders each month.
Schoenherr covered the full range of M&A matters in connection with this transaction. The team was led by Mădălina Neagu (partner) and included Mihaela Popescu (senior attorney at law) and Alexandra Șmahon (attorney at law).