B4U law advises EASYSENT on their share deal with Foresight

2 January 2023

EASYSENT, the buyer, is an international logistics group, headquartered in Hong Kong. The group operates more than a dozen self-owned and holding companies in major Western European countries, six services companies in China mainland and Hong Kong, and over 150.000 m2 warehouse space, of which over 80% is bonded.

EASYSENT’s operations cover the entire panel of services in the logistics chain from China to Europe, including air, sea, and rail freight, customs services, security screening, warehousing, airport ground handling, bonded warehousing, forwarding, trucking and last-mile distribution. The group currently employs around 200 people.

Foresight GmbH, the target company, based in Hamburg, is a full-service agency in the field of customs clearance (import and export) with special expertise in German Chinese trade. Foresight offers its clients the entire spectrum for proper customs clearance, for example customs declaration, T1 dispatch clearance, application for EORI numbers, inspection organisation or ATB splitting.

EASYSENT bought through their European holding, seated in France, 70% of the shares of Foresight. B4U law advised the buyer on the German aspects of the transaction.