Navid Thielemann and Christian Flick become shareholders and strategy partners for successful start-up

ThielemannGroup invests 1.8 million euros in Pacurion

Reken, 31 January 2023: Young entrepreneurs Navid Thielemann and Christian Flick invest EUR 1.8 million in the digital trading platform for load carriers Pacurion. Through FIVE Investments, a ThielemannGroup company, they are also joining the successful start-up as shareholders with their investment. The aim is to drive forward the rapid growth of the already fully profitable company. The notarised contracts have already been signed and the entry in the commercial register is expected to take place in February 2023.

The Pacurion platform, which was launched in 2020, enables simple, efficient and transparent trading of load carriers. With just a few clicks, manufacturing companies and logistics service providers can place their requirements with Pacurion and receive customised offers directly from the Europe-wide supplier network. Everything is possible, from one-off orders to long-term annual tenders. Suppliers and customers benefit equally: on the one hand from the significantly increased range of the offer, and on the other from the greatly reduced process costs. Pacurion is the sole contract and service partner, which minimises trading risks. Services such as the price forecast for load carriers and comprehensive advice on loading equipment management round off the service.

Established on the market after two years

As a digital procurement platform for all common loading equipment worldwide, the company already generated a turnover of around 25 million euros in 2022. With over 800 partners, 300,000 loading aids per month and activities in 17 countries, the young company is in a solid position. The solution has been well received on the market and demand is very high. "That's why we are focussing on expansion over the next three years and want to grow quickly," says Dennis Maschmeyer, co-founder and one of the Managing Directors of Pacurion. "Our goal is to quadruple our turnover by 2025 at  ." At the same time, the company plans to systematically expand its market lead with new practical services.

Strategic partners and capital for further growth

FIVE Investments will play an important role in this, according to Dominik Leufgen, also co-founder and Managing Director of Pacurion: "We are delighted about the investment. On the one hand, we see the collaboration with the experienced industry experts Navid Thielemann and Christian Flick as a valuable partnership that will also provide us with strategic support for our growth strategy. On the other hand, we receive the capital that investment-driven growth requires."

Innovation that benefits customers

Navid Thielemann, Managing Partner of ThielemannGroup and FIVE Investments, among others: "We see great potential and innovative strength in Pacurion, from which customers will benefit greatly. It is therefore important to us to promote the company's ideas and ambitious goals," says the investor. "Our commitment also fits in with the ThielemannGroup's goal of creating an end-to-end supply chain and being able to offer special added value to customers through innovative offerings from start-ups. In many areas of our group of companies, we are rethinking logistics and trialling innovations directly within the company." The shareholders plan to use the investment to integrate additional features into the platform and further expand automation.

Brief information about Pacurion:

The digital platform Pacurion enables efficient, transparent and cost-effective trading of landing carriers. Logistics service providers and manufacturing companies from a wide range of industries enter their desired parameters, receive customised offers from Europe-wide loading equipment manufacturers and conclude purchase contracts directly with Pacurion. The start-up was founded in 2020 and is now managed by Dominik Leufgen (Co-Founder and Co-CEO), Dennis Maschmeyer (also Co-Founder and Co-CEO) and Hakeem Moruf (Co-Founder and CTO). FIVE Investments, a ThielemannGroup company, has been the fourth shareholder since the beginning of 2023. Pacurion is active in 17 countries and a total of over 800 partners are involved in the trading network. In 2022, the start-up generated a turnover of 25 million euros. www.pacurion.com

ThielemannGroup in brief:

Navid Thielemann bundles his investments and business activities in the logistics sector under the umbrella of ThielemannGroup and thus manages the entire supply chain from a single source. The young entrepreneur is involved in the overseas logistics company Overseas Logistic Services (OLS), based in Mönchengladbach, and the Recht Logistik Group, headquartered in Brühl. The HabackerHolding+ThielemannGroup joint venture was founded in January 2023. The aim is to develop sustainable and modern logistics and industrial properties for own use and as long-term investments. By investing in innovative start-ups such as Fairsenden, Boomerang, Filics and Pacurion, Navid Thielemann is driving efficiency and sustainable concepts in logistics. His portfolio companies employ over 500 people and generate sales of 400 million euros. Over 120,000 square metres of warehouse space and its own fleet of around 200 trucks are available to customers.

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