News

If we compare the customs brokerage industry with the financial industry, it is behind when it comes to digital transformation. Our industry is a very traditional one.

Funds advised by Castik Capital S.à r.l. (“Castik”) have entered into an agreement to acquire a majority stake in Customs Support Group (“CSG”) from Mentha Capital and CSG’s founder Oscar Driessen, who will remain a minority shareholder and advisor to the business. In addition, the management will stay on board and (re)invest in the business.

Amsterdam, The Netherlands – Castik Capital, a European Private Equity firm, has entered into an agreement to acquire Customs Support from Mentha Capital and Park Ventures. Oscar Driessen (Park Ventures) and the management team will make a (re)investment in the transaction alongside the EPIC II fund managed by Castik.

Prime Minister Johnson keeps turning up the pressure in the negotiations for a trade deal between the United Kingdom and the European Union. Around this time the negotiations should be heading into their final stages. Ideally, an agreement should be in place before the end of this month, to give both sides the time to get it ratified. All 27 European Union's member states need to ratify the deal.