Target Information

Customs Support, a leading partner in customs matters across Europe, has recently acquired SER.NAV s.r.l (Sernav), enhancing its footprint in Italy. This acquisition reinforces Customs Support's objective of establishing itself as a truly European partner for its clients, extending its operational capacities in the Italian customs brokerage sector.

Sernav is renowned as one of Italy's foremost customs brokers, providing comprehensive assistance in customs operations and brokerage services to a diverse client base. With over 30 years of experience, Sernav operates from 17 strategic locations across Italy, including proximity to key trade ports and logistics hubs, catering to hundreds of clients.

Industry Overview

The customs brokerage industry in Italy is characterized by its complexity and the necessity for businesses to navigate intricate regulations and logistics. With Italy being a crucial player in European trade, the customs sector plays a vital role in facilitating imports and exports, making it imperative for companies to partner with proficient customs brokers.

Moreover, the Italian logistics market is booming, driven by increased demand for shipping services and evolving trade dynamics post-Brexit. This presents a multitude of opportunities for customs brokers who can provide efficient, tech-enabled solutions to manage compliance and accelerate processes.

With advancements in technology, the customs industry is increasingly leveraging digital solutions to streamline operations. Companies that invest in technological innovation are not only enhancing their operational efficiency but also improving customer service experiences across the logistics spectrum.

As the European market continues to integrate, there is a growing demand for customs brokers with a strong regional presence and the ability to service clients across borders effectively. The synergy between established players like Customs Support and local operators like Sernav creates a robust network to meet this demand.

Rationale Behind the Deal

The acquisition of Sernav aligns with Customs Support's strategic ambition to grow its European client base. This expansion into Italy not only diversifies their service offerings but also enhances their ability to cater to clients involved in cross-border trade. By integrating Sernav's deep local knowledge and established relationships into its operations, Customs Support is poised to deliver enhanced value to its customers.

Additionally, the collaboration is expected to foster innovation within the customs sector, allowing both firms to leverage their combined expertise to introduce advanced technology and streamlined processes in customs operations.

About the Investor

Customs Support is recognized as a neutral and dynamic partner for customs issues within Europe. The company prides itself on its knowledge, efficiency, and commitment to providing digital customs solutions tailored to meet the diverse needs of its growing client base. Operating in six countries, including the Netherlands, Belgium, Germany, France, the United Kingdom, and Poland, Customs Support has established itself as a leading player in complex customs landscapes.

With a passion for innovation and a strategic focus on expansion, Customs Support continuously invests in enhancing its capabilities. The management team, led by CEO Frank Weermeijer, brings a wealth of experience in the customs domain, positioning the company for sustained growth and success in a competitive market.

View of Dealert

This acquisition appears to be a strategic and promising investment for Customs Support. With Sernav's established clientele and localized expertise, Customs Support can significantly enhance its service offerings and operational footprint in Italy.

Given the increasing complexities of customs regulations and the growing trend towards digitalization within the industry, this partnership could serve as a catalyst for greater operational efficiencies and improved client service. By integrating Sernav's innovative approaches with its own technological investments, Customs Support is well-positioned to lead in a rapidly evolving market.

Furthermore, the collective expertise of the teams from both entities establishes a solid foundation for knowledge transfer and innovative problem-solving. This acquisition not only opens up new markets but also enhances existing service lines, ultimately benefiting both companies and their stakeholders.

In conclusion, the integration of Sernav into Customs Support is likely to create a competitive advantage by bridging local knowledge with an expansive European network, making it a sound investment for future growth.

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