DLA Piper has advised Francotyp-Postalia Holding AG on the acquisition of all operating assets of Pakadoo GmbH with economic effect from 1 October 2022. The transaction also includes the take-over of the Management and employees of Pakadoo.
Pakadoo, located in Böblingen, Germany, offers Software-as-a-Service solutions for receiving and managing incoming parcels and goods within companies and public institutions. In combination with carrier-independent parcel lockers, further use cases focus on e-commerce deliveries and smart city logistics.
This acquisition shall strengthen FP’s Digital Business Solutions business unit. The company thereby gets access to a SaaS-based platform for incoming parcel logistics in enterprise and public institution segment, retail and City Logistics.
Francotyp-Postalia Holding AG, a listed company based in Berlin, is the holding company of the globally operating Francotyp-Postalia Group that has the business units Digital Business Solutions, Mailing, Shipping & Office Solutions and Mail Services. The company has subsidiaries based in 15 countries and is represented by its own trading network in many other countries. In 2021, Francotyp-Postalia generated revenue of more than EUR 200 million.
The DLA Piper team was jointly led by partners Dr Mathias Schulze Steinen (Corporate/M&A) and Florian Bruder (Restructuring, both Frankfurt) and included partners Jan Pohle (IT and Data Protection, Cologne), Dr Henriette Norda (Employment, Hamburg), Dr Marie-Theres Rämer (Tax), and Dr Burkhard Führmeyer, counsels Miray Kavruk (both IPT, all Frankfurt) and Dr Thorsten Ammann (IT and Data Protection, Cologne), senior associates Katharina Fischer (Employment, Hamburg) and Yannick Aaron Zirnstein, associates Verena Reichstein (both IT and Data Protection, Cologne) and Ji-Min Marina Lee (Restructuring, Frankfurt) as well as transaction specialist Maren Schanz (IPT, Hamburg).
