sennder was founded in 2015 by David Nothacker, Julius Köhler and Nicolaus Schefenacker and is now the leading digital European freight forwarder, offering shippers access to our connected fleet of thousands of trucks. Have a confidential tip for our reporters? By becoming ‘Everoad by sennder,' we will share our expertise and experience acquired over more than four years of a pan-European vision," said Legardez. Uber will acquire a minority stake in Sennder as part of the deal. sennder, Europe’s leading digital road freight forwarder, has acquired Cars&Cargo, a Dutch-based freight forwarder operating across France and Benelux. The combined entity will have offices across six countries and employ around 350 people, Sennder said in a statement on Tuesday. Everoad had already developed a leading-edge technology by the time we merged in June 2020. With offices in seven countries, sennder can now leverage its local presence across all the leading logistics and transport hubs in Europe. We use cookies on our website. All rights reserved © 2021 sennder By becoming ‘Everoad by sennder,’ we will share our expertise and experience acquired over more than four years of a pan-European vision,” said Legardez. sennder has also joined forces with industry champions Scania and Siemens to assure innovation and state of the art offerings. Sennder, a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. data privacy policy. The combined entity will have offices across six countries and employ around 350 people, Sennder said in a statement on Tuesday. Some of them are essential, while others help us to improve our services and your online experience. Harnessing the teams in Paris and transforming them into sennder's innovation powerhouse seems to be the logical step forward. sennder has announced that it has acquired Cars&Cargo, a Dutch-based freight forwarder operating across France and Benelux.The two companies have joined forces to bring 240 chartered vehicles onto sennder’s digital platform, creating greater capacity that aims to benefit from the transparency and efficiency advantages of sennder’s operating system, sennOS. By merging with Everoad in June 2020, sennder fortified its leadership in one of the largest freight forwarding markets in Europe, as well as with the take over Uber Freight's European business activities in September. Following the acquisitions of Everoad and Uber Freight Europe in 2020, Sennder has acquired Dutch freight forwarder Cars&Cargo. To achieve that aim, the Berlin-based scale up can draw strength from its expertise and its acquisitions. Everoad by sennder is a fast-growing tech start-up that is revolutionizing road freight transport by connecting shippers and carriers in real time. Latest News. One of the objectives with this tremendous investment is to significantly reduce the road freight sector's impact on the environment, bearing in mind that it currently accounts for 6% of all CO2 emissions in the European Union. Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. The round, led by new and existing investors including Accel, Lakestar, HV Capital, Project A and Scania — plus an undisclosed US investor — brings Sennder’s total funding to $260m. H14 and GR Capital are the most recent investors. The two companies have joined forces to further revolutionise the digital freight industry across Europe, the US and Canada. The combined entity will have offices across six countries and employ around 350 people, Sennder said in a statement on Tuesday. In June, sennder acquired Everoad, its French rival, reaching six locations and 350 employees. Before it's here, it's on the Bloomberg Terminal. Post navigation. Continue Reading. Their latest funding was raised on Jan 13, 2021 from a Series D round. sennder, Europe’s leading digital freight forwarder, announced today that it has acquired Uber’s European freight business in an all-stock transaction. While the Covid-19 pandemic hurt the logistics industry’s profitability, Sennder Chief Executive Officer David Nothacker said the combination will help the merged firm save money. Up Next. Everoad facilitates the booking process to attempt to bring an Uber-like convenience to the shipping industry. The combined company aims to reach revenues of 1 billion euros ($1.1 billion) by 2024. Our mission as a data-based technology company is to revolutionize the logistics and transport industry by connecting small freight companies with large business groups. David Nothacker, CEO and Co-Founder of sennder, said: “I’m very proud to see sennder’s mission and vision become a reality. The goods transport sector is a key sector of the economy - 42 billion euros in France and 300 billion in Europe - highly fragmented where technology and digitization are changing everything! Maxime Legardez, Managing Director France at sennder says: "It has been nine months since sennder acquired Everoad, and we are still in perfect alignment with our strategy and objectives. Further information can be found in our Amazon Agrees to Buy MGM Film Studio for $8.45 Billion, Elon Musk’s Mars Ambition Could Be the Riskiest Human Quest Ever, Once Fired by JPMorgan Over a Trading Blowup, He’s Now the CFO, Justice Department Opens Probe Into Archegos Blowup, Small Caps Take the Lead in Broad Stock Rotation: Markets Wrap. Notably, the agreement includes a shipper referral program in which sennder will refer shippers seeking freight brokerage or similar services in North America to Uber Freight, and vice versa. “The two companies have joined forces to further revolutionize the digital freight industry across Europe, the US and Canada,” said Sennder. The two companies have joined forces to bring… Germany Other offices. sennder has acquired 4 organizations. For further information, please visit us on our website and LinkedIn. Acquired Uber Freight’s European business. Following the successful merger of the two tech entities in Paris & Berlin, all of sennder's partners and customers now have access to a single platform that is continually enhanced by dedicated teams. Following the merger with sennder in June 2020, Everoad by sennder officially becomes sennder France! Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. On June 9, 2020, sennder GmbH acquired transportation company Everoad SAS Acquisition Highlights. Both platforms, which have joined forces under the name "Everoad by sennder", connect large companies with small trucking firms, making it possible to have a diversified fleet to deliver their products. 10785 Berlin Following the Series D funding round that generated $160m in January, $100m will be channeled into the Tech team with the aim of developing its six products and bringing fresh talent into the company. This is sennder’s 1st transaction in the Transportation sector. In 2020 the business undertook two notable transactions: firstly, merging with French competitor Everoad in June and secondly, acquiring Uber Freight’s European business in September. As one of the two European tech hubs, Paris will considerably bolster its teams. synopsis: Sennder, Europe’s #1 digital freight-forwarder platform, has acquired Everoad, a French platform that connects shippers and carriers in real time. This is sennder’s 1st transaction in France. Jenkins Marine goes digital for dredging works. As such, digital freight forwarders will play an instrumental and strategic role in curbing the sector's carbon emissions, which begins with reducing empty miles (20% of the total miles driven). Our decision to join forces just goes to show how much a merger can be a real strategic game-changer for a company. New autonomous ITVs to boost operational efficiency at Jebel Ali Port. German freight startup sennder said on Wednesday it had acquired Uber's European freight business in an all-stock deal that will see the U.S. ride hailing company become a minority shareholder. Driven by an 800-strong team with plans to open 200 new vacancies during 2021, sennder works with more than 10,000 carrier partners and international customers, and is determined to move more than a million truckloads by the end of the year. By becoming ‘Everoad by sennder’, we will share our expertise and experience acquired over more than four years of a pan-European vision.” Posted in EMEA, Logistics, Road. In a traditional industry sennder is moving fast and focuses on the digitalization and automation of all road logistics processes. GmbH, Everoad by sennder officially becomes sennder France. sennder GmbH Stories By sennder GmbH Logistics & Supply […] Sennder buys Uber’s European freight business. Prev Page. Sennder, founded in 2015, has rolled up the European freight tech sector, merging with France's Everoad and striking a joint venture with Poste Italiane this year. Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. sennder France Details Basé à Berlin, sennder a été fondé en 2015 par David Nothacker, Nicolaus Schefenacker et Julius Koehler. Based out of Berlin, sennder was founded in 2015 by David Nothacker, Nicolaus Schefenacker and Julius Koehler. Genthiner Straße 34 By merging with sennder, Everoad becomes Divided into five units, the Paris tech team is currently recruiting 30 new profiles, such as product managers, developers and data scientists. By merging with sennder, Everoad becomes "Everoad by sennder". Our decision to join forces just goes to show how much a merger can be a real strategic game-changer for a company. sennder is backed by some of Europe’s leading investors including Accel, Lakestar, HV Capital, Project A, Next47, Scania Growth Capital, Earlybird and Perpetual. The round was led by an unnamed party, … Leave a Reply Cancel reply. The two companies have joined forces “to further revolutionize the digital freight industry across Europe, the US and Canada”, sennder’s announcement adds. Maersk posts strong results for Q1 2021. At the same time, sennder France is looking to reinforce its 100-strong team with 30 new employees, including account managers, partner managers and sales executives. German freight startup sennder said on Wednesday it had acquired Uber's European freight business in an all-stock deal that will see the U.S. ride hailing company become a minority shareholder. You must be logged in to post a comment. A.P. Paris, 3 February 2021 - Everoad, which merged with sennder (Europe's leading digital road freight forwarder) in June 2020, is officially changing its name to sennder France. By Transport Intelligence. By introducing technology, we remove the challenges and inefficiencies associated with the transportation of goods across Europe, while increasing the degree … In 2020, sennder also entered into a JV with Poste Italiane in Italy and acquired the European activities of Uber Freight. sennder GmbH Uber (NYSE: UBER) announced Wednesday morning that it had agreed to sell the European division of its Freight business to sennder, the Berlin-based digital freight brokerage. Both companies have been passionate about reducing the carbon footprint associated with road freight movement, which currently accounts for 6% of the European Union’s total CO 2 emissions. Their most … By leveraging its proprietary technology, sennder builds an ecosystem that leads the industry into the 21st century with a new degree of transparency, efficiency and flexibility. By becoming ‘Everoad by sennder’, we will share our expertise and experience acquired over more than four years of a pan-European vision.” Related Topics: Featured Mergers and Acquisition Road Transport Technology. This investment will help expand the team by 200 people and turbocharge research and development into automating, optimizing and decarbonizing road freight. By becoming ‘Everoad by sennder,’ we will share our expertise and experience acquired over more than four years of a pan-European vision,” said Legardez. sennder has announced that it has acquired Cars&Cargo, a Dutch-based freight forwarder operating across France and Benelux.The two companies have joined forces to bring 240 chartered vehicles onto sennder’s digital platform, creating greater capacity that aims to benefit from the transparency and efficiency advantages of sennder’s operating system, sennOS. Both platforms connect large companies with small trucking firms, making it possible to have a diversified fleet to deliver their products. sennder has raised a total of $260M in funding over 7 rounds. German freight startup Sennder said on Wednesday it has acquired Uber’s European freight business in an all-stock transaction. Additionally, sennder joined forces with industry champions Scania and Siemens to assure innovation and state of the art offerings. sennder, Europe’s leading digital freight forwarder, announced today that it has acquired Uber’s European freight business in an all-stock transaction. sennder Acquires Everoad SAS. sennder, Europe's leading digital road freight forwarder. "Maxime Legardez, Managing Director France at sennder says: "It has been nine months since sennder acquired Everoad, and we are still in perfect alignment with our strategy and objectives. (Bloomberg) -- Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. Following its acquisition by sennder in June 2020, Everoad by sennder has officially become sennder France, The Paris-based office will build on its status as a European tech hub to play a key role in driving the Group's strategy together with the teams in Berlin, In the wake of the Series D funding round last month that saw sennder raise $160m, $100m will be dedicated into the Tech team. Operating in the Benelux, France and Germany, it operates a fleet of 240 vehicles that handle 43,000 loads per year. Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. By becoming ‘ Everoad by sennder ’, we will share our expertise and experience acquired over more than four years of a pan-European vision.” You may also like:- C.H. (Bloomberg) -- Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. In return for the acquisition, Uber is to take a minority stake in the sennder business. Together, we are cementing our status as Europe's leading digital road freight … Sennder, a digital freight forwarder, has acquired Uber’s European freight business in an all-stock transaction, thus making Uber a minority shareholder in the Berlin-based startup.. You can call up these settings and subsequently deselect cookies at any time. German freight startup sennder said on Wednesday it had acquired Uber's European freight business in an all-stock deal that will see the U.S. ride hailing company become a … It follows a successful 2020 for the startup, which merged with French competitor Everoad in June and acquired Uber Freight’s European business in September. sennder, Europe’s leading digital freight forwarder, announced it has acquired Uber’s European freight business in an all-stock transaction. Their platform enables shippers to find the best carrier for their shipment needs. In June, sennder acquired Everoad, its French rival, reaching six locations and 350 employees. Therefore, after raising some $160m in January, sennder will invest $100m in developing its technology. Ever since it was founded in 2015 by David Nothacker, Nicolaus Schefenacker and Julius Köhler, sennder has been laser-focused on its goal of revolutionizing the freight transport industry across Europe. The combined entity will have offices across six countries and employ around 350 people, Sennder … German digital freight forwarder, sennder has acquired the French rival freight technology company, Everoad, to build the largest digital road freight forwarding platform in Europe. In 2020, Everoad, the French leader in digital fr Drawing on its Paris tech hub, sennder will ramp up its efforts to reduce empty load kilometers and continue offering a greener array of services (e.g. Together, we are cementing our status as Europe's leading digital road freight forwarder, and we are also bringing a new approach to designing our ecosystem using our technology.". In 2020, Everoad, the French leader in digital freight forwarding based in Paris and founded by Maxime Legardez, merged with sennder to become Europe's leading digital freight forwarder. (Bloomberg) -- Sennder, a Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in … M&A Deal Summary; Date: 2020-06-09 : Target: Everoad SAS: Sector: Transportation: Buyer(s) sennder GmbH: Deal Type: Merger: Target. The combined entity will have offices across six countries and employ around 350 people, Sennder said in a statement on Tuesday. Led by Maxime Legardez, Managing Director France and ex-CEO & Founder of Everoad, the Paris office will now serve as a European tech hub. The all-stock deal, worth less than $1.1 billion according to reports, gives Uber an equity stake in sennder. biofuel) to carriers and shippers through strategic partnerships. Don’t Miss. sennder has also joined forces with industry champions Scania and Siemens to assure innovation and state of the art offerings. Maxime Legardez, Managing Director France at sennder says: "It has been nine months since sennder acquired Everoad, and we are still in perfect alignment with our strategy and objectives. Together, we are cementing our status as Europe's leading digital road freight … European digital freight forwarder sennder has acquired Uber Freight, Uber’s European freight business, in an all-stock deal. Berlin-based startup sennder has acquired Uber’s European freight business in an all-stock transaction that will see the freight forwarder extend its dominance in the European market. Next Page. Based out of Berlin, sennder was founded in 2015 by David Nothacker, Nicolaus Schefenacker and Julius Koehler. With Europe's logistics and freight sector boasting a market size of more than $427bn, technology continues to be the pathway for achieving a competitive advantage. Together, Everoad and Sennder have raised more than 120 million euros since their inceptions from investors including Lakestar and Accel. The brand itself is to remain. In 2020, sennder also entered into a JV with Poste Italiane in Italy and acquired the European activities of Uber Freight. sennder is funded by 16 investors. Both companies have got together to revolutionise the digital freight forwarding industry across the EU, US and Canada. sennder manages over 10,000 trucks across Europe with an over 800-people strong team. You can accept this or reject it by clicking on the "Accept only essential cookies" button. Our decision to join forces just goes to show how much a merger can be a real strategic game-changer for a company. sennder is Europe’s leading freight forwarder offering shippers access to our connected fleet of thousands of trucks. In July, sennder closed a tie-up deal with Poste Italiane to manage the Italian postal service’s €100 million full truckload spend. Both companies have been passionate about reducing the carbon footprint associated with road freight movement, which currently accounts for 6% of the European Union’s total CO 2 emissions. David Nothacker, CEO and Co-Founder of sennder explains: "France and its office play a strategic and invaluable role in logistics across Europe. In a traditional industry we are moving fast and focus on the digitalization and automation of all road logistics processes. Its objective is to strengthen its offer to shippers.After the acquisitions of Everoad and Uber Freight Europe in 2020, Sennder has Both platforms connect large companies with small trucking firms, making it possible to …
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