DTCF Advises on the Sale of Hirdes Freight Ltd.
Highlights DTCF’s Cross Border Execution Ability
Deloitte & Touche Corporate Finance LLC (DTCF) is pleased to announce its role as exclusive financial advisor to Hirdes Freight Ltd and Gebruder Hirdes GmbH (collectively “Hirdes Freight”) in the sale of both entities to C.H. Robinson Worldwide Inc. (NasdaqNM:CHRW).
The owner of Hirdes Freight selected DTCF as the advisor due to our access to international investment banking capabilities and a global field of potential buyers through the Deloitte Touche Tohmatsu (DTT) member firms around the world. DTCF led a global effort by teaming with the Corporate Finance practices of DTT member firms in Europe and Asia as part of the process of identifying and marketing to potential global buyers.
D&TCF advised the company through the sale process, which included:
Assisting with compilation of due diligence materials
Identifying and approaching potential buyers
Serving as lead financial advisor in transaction negotiations
Analyzing the strategic fit and financial capabilities of potential acquirers
About Hirdes Freight and C.H. Robinson Worldwide
Founded in 1871, Hirdes Freight is an international transportation and logistics company providing freight forwarding and logistics services primarily between Europe and the United States. The company offers airfreight, ocean freight, cartage and trucking, logistics, warehousing and project handling services to customers in a variety of industries around the globe.
C.H. Robinson Worldwide (NasdaqNM:CHRW) has revenues of $4.6 billion and provides freight and logistics services to companies located in the United States, Canada, Mexico, South America, Europe and Asia.
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