Division of a transport company in Lublin without interrupting deliveries
We divided a fleet of 23 tractor units between two brothers. Each kept half the contracts, and the company did not pay a single contractual penalty.
The partners of the Trans-Brothers company from Lublin decided to end their cooperation after 8 years of running the business together. We helped them divide assets worth several million zlotys in such a way that the 23 trucks didn't stop driving for a single day.
The challenge
In January 2024, conflict between partners made decisions about refueling the fleet and servicing cars impossible. The company had 23 tractor units of the DAF and Scania brands and 47 trailers of various types. The biggest problem was 4 active contracts with retail chains, where the penalty for delaying a delivery by more than 2 hours was 1,500 PLN for each transport. The partners could not agree on who would take over which leases, which threatened cancellation of agreements by banks and seizure of vehicles.
Our approach
Corporate Bridge delegated 3 people to carry out inventory and valuation in March 2024. We applied the principle: numbers have no emotions. Instead of listening to mutual accusations, we focused on the date of first registration, tire condition, and current Eurotax market valuations. Meetings took place in a neutral location in Lublin every other Tuesday at 10:00 AM. We established a rigid schedule for taking over routes so that no client felt that a division was taking place inside the company.
The solution
We prepared a fleet division plan in an 11 to 12 tractor unit ratio, including a financial equalization of 38,400 PLN. We negotiated with two banks for the assignment of lease agreements without increasing the margin, which took us exactly 19 business days. We separated GPS monitoring systems and fuel cards in one weekend so that from Monday morning each brother already managed his own group of 15-16 drivers under new names.
Results
The process ended in full operational separation without a single day of downtime in deliveries to retail chains. Both brothers today run separate transport companies and have maintained correct family relations.
Timeline
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March 2024Inventory of 23 tractors and market valuation of equipment.
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April 2024Lease assignment negotiations with banks and division of contracts.
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May 2024Signing of notarial deeds and physical separation of the fleet.
"We were one step from court and the bailiff. Corporate Bridge sat us down at the table and showed hard calculations. Formalities with leases took 11 days longer than the bank promised, but MK saw everything through to the end."