Shypple’s Acquisition of Milestone Group

HVG Law advised the shareholders of Milestone Group on the deal.

Shypple, the Rotterdam-based digital freight forwarding platform, acquired Milestone, a leader in perishable logistics, becoming the first
digital freight forwarder in the market for air and ocean freight perishables. By joining forces with
Milestone, Shypple adds capabilities to the platform, accelerates its revenue and network growth and increases its global presence, adding offices in Asia, Central America and Europe. In addition, the technology-driven platform has announced raising €25.5 million so far this year to accelerate growth and innovation in the freight forwarding industry. 

Milestone is an independent global freight forwarder, specializing in the field of transporting perishables. The organization has a worldwide network of partners and a client base of more than 450 customers. The Milestone organization has over 100 employees and offices at Schiphol Airport and Capelle aan de IJssel in the Netherlands, as well as in Costa Rica, Honduras, Guatemala, Thailand and Hong Kong.

Shypple is a digital freight forwarding service operating connecting more than 3,000 companies. The technology-driven Shypple platform provides organizations with end-to-end transparency and control over their entire supply chain.

Following this transaction, Milestone’s knowledge and network adds strong new capabilities for Shypple in air freight and perishable transport. At the same time, Milestone customers migrating to the Shypple platform benefit from the digital freight forwarding capabilities that will future-proof their businesses, while maintaining with existing trusted relationships.

The HVG Law team included Goran Abdulla, Marita Contant, Gijsje Derks, Sijmen de Lange (Picture), Luuk van Deutekom, Merel Zwankhuizen.

Involved fees earner: Goran Abdulla – HVG Law LLP ; Marita Contant – HVG Law LLP ; Sijmen de Lange – HVG Law LLP ; Gijsje Derks – HVG Law LLP ; Luuk van Deutekom – HVG Law LLP ; Merel Zwankhuizen – HVG Law LLP ;

Law Firms: HVG Law LLP ;

Clients: Milestone Group;

Author: Federica Tiefenthaler