LV Overseas completes two new build-ups

After having completed three strategic acquisitions in 2020, in the Middle East (Cargotrans), in the US (Concepts in Freight) and in France (Intelog), LV Overseas continues to expand its geographical footprint and services range.

LV Overseas is an international freight forwarding player specialized in the design and organization of door-to-door logistics solutions. The group offers a full range of services tailor-made to each stage of the supply chain, with a specific know-how in grouping and niche expertise. Its unique historical positioning in the French overseas territories’ sea connections was progressively broadened to other geographies thanks to the acquisitions completed under 21 Invest France’s tenure.

Acquisition of Fauveder | France

Founded in 1977, Fauveder is an expert in temperature-controlled international transport, primarily for the food industry. The group also handles complex logistics solutions for specific industrial projects. Fauveder coordinates logistical, administrative and customs formalities for sea, air and road transport.
Nearly 110 employees located all over the French territory contribute to delivering a recognized tailor-made service, which generates sales of 85 million euros, growing steadily each year.
The merger between the two entities allows the LV Overseas group to add new transport expertise to its range of services, and also to benefit from strong commercial synergies.

Acquisition of Michel Hurel Transport (MHT) | UK, France, USA

Founded in 1986, MHT is a renowned family business operating in the transport and logistics management of large industrial projects. The group is based in the UK, France, the United States, Tunisia and Algeria.
With a turnover of 13 million euros, MHT has built a unique expertise in the management of air, road and sea freight as well as in the management of customs clearance formalities.
This acquisition strengthens the group’s expertise in industrial projects, in addition to providing a valuable gateway to the English market.

Stéphane Perriquet, Managing Partner & Dorothée Chatain, Principal at 21 Invest France comment: “With 6 acquisitions completed since 2018, LV Overseas has now become an international BtoB logistics solutions platform. The group has changed dimension in the recent years and reached a new stage with Fauveder and MHT which will enable it to reach more than €m 400 sales in 2021. Other acquisitions are at an advanced stage, including one currently being finalized.”

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