LexQuire advises buyer on acquisition in transport sector: GOBO-Group acquires Cargofoor

| NL Law

| Reading time: 1 minute

LexQuire Tax & Law has been pleased to assist the GOBO-Group and its Dutch subsidiary Wijsen Logistics in the acquisition of Cargofoor Maastricht. Cargofoor is particularly well known for its tanker transports to the Balkans.

The GOBO-Group (originated and based in Lanaken, Belgium) will take over Cargofoor’s operations, staff and vehicles as of the first of April 2023. The deal was signed by parties in early March. After this acquisition, GOBO-Group will have 260 employees with a fleet of around 150 trucks, 170 trailers and 90 tankers with an annual turnover of € 42 million.

GOBO-Group was advised from start to finish by lawyers Gabriel Spera (partner) and Lode Eymael (managing associate) of LexQuire and Gabriel Voinescu (partner) and Raluca Știrbu (senior associate) of LexQuire’s Romanian associate firm. The seller was advised by Claassen, Moolenbeek & Partners.

Working on an acquisition project yourself? We would be happy to advise you. Read more here or contact one of our experts.

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