4 January 2024

CVC Capital Partners and EMMA Capital to acquire Packeta

CVC, a global PE firm, and EMMA Capital have signed an agreement to acquire 100% of Packeta, the parent company of leading Czech logistics company Zásilkovna. The two shareholders have agreed to split their shares 65:35 in favour of CVC.

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Packeta operates not only in the Czech Republic, but also in Slovakia, Poland, Hungary, Romania and Germany. In the opening quarter of 2023, the company reported a turnover of CZK 3.2 billion, a significant year-on-year increase of 21.6%. In six months, it successfully delivered nearly 50 million shipments. Packeta was founded in 2010 with the aim of streamlining the transport of goods from e-shops to consumers. PPF, Daniel Křetínský and global investment group Advent International have also expressed interest in the acquisition.

CVC, which operates in Europe, Asia and the US, is a global investment manager with assets under management totalling €177 billion.CVC is an investor in 125 companies with an annual turnover of around €100 billion, employs more than 550,000 people and has built a network of 29 offices worldwide over its 40-year history.

EMMA Capital, a private investment holding founded in 2012 by Jiří Šmejc, the current CEO of PPF Group, focuses primarily on the European Union markets while expanding its presence in other European and Asian markets. It usually plays an active role in the companies in which it acquires a stake and participates in their management, development and eventual restructuring. EMMA's investment priority is retail and customer-oriented companies.