Cripps advise Getlink SE on the acquisition of ChannelPorts Limited

Cripps has advised Getlink SE, the parent company of Eurotunnel, on its acquisition of  ChannelPorts Limited.

Based in Folkestone, ChannelPorts carries out the customs formalities that have become compulsory since Brexit on behalf of its hauliers, logistics and forwarding customers. The company relies in particular on a digital platform – CustomsPro – which simplifies data exchanges and improves the productivity of operations.

In addition to its customs clearance service activity, ChannelPorts owns a secure truck park facility and service area – “Stop24” – located on the M20 motorway in Folkestone, less than 10 kilometres from the entrance to the Channel Tunnel. “Stop24” completes the range of secure solutions for truck drivers already available on the French side by Eurotunnel’s Le Truck Village.

The transaction highlights Cripps’ multi-disciplinary expertise involving Corporate, Commercial and Real Estate specialists. The team, led by partner Helen Garner (Corporate), comprised Sally Ashworth, Roberta Organ, Lauren Manwaring (Real Estate), Beth Barns-Graham, Jade Hallam, Frederick Pawlik (Corporate), Kathryn Rogers (Commercial) and Holly Milne-Peasey (Employment).

Helen commented: “This acquisition was challenging due to its multifaceted nature. Our ability to involve specialists from across our firm proved invaluable in navigating the complexities of the deal and securing a successful outcome for Getlink SE.”

Antoine Pepin, head of mergers and acquisitions at Getlink SE, said: “This acquisition was complex and Cripps’ ability to provide a comprehensive legal solution and work to a demanding timetable was instrumental to its success. The team’s multidisciplinary expertise ensured a smooth transaction and delivered the result we were looking for.”

Cripps worked alongside Crowe (tax and financial advice) on this transaction.

To learn more about how Cripps can support your business on its growth journey, please contact a member of the Corporate team.