diff --git a/README.md b/README.md
index 270cbda8..c7d40086 100644
--- a/README.md
+++ b/README.md
@@ -203,7 +203,7 @@ Example:
 ##### Download
 
 ```bash
-docker pull commercetools/commercetools-project-sync:5.1.0
+docker pull commercetools/commercetools-project-sync:5.1.1
 ```
 ##### Run
 
@@ -215,14 +215,14 @@ docker run \
 -e TARGET_PROJECT_KEY=xxxx \
 -e TARGET_CLIENT_ID=xxxx \
 -e TARGET_CLIENT_SECRET=xxxx \
-commercetools/commercetools-project-sync:5.1.0 -s all
+commercetools/commercetools-project-sync:5.1.1 -s all
 ```
 
 
 ### Examples
  - To run the all sync modules from a source project to a target project
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s all
+   docker run commercetools/commercetools-project-sync:5.1.1 -s all
    ```
    This will run the following sync modules in the given order:
  1. `Type` Sync and `ProductType` Sync and `States` Sync and `TaxCategory` Sync and `CustomObject` Sync in parallel.
@@ -232,68 +232,68 @@ commercetools/commercetools-project-sync:5.1.0 -s all
 
  - To run the type sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s types
+   docker run commercetools/commercetools-project-sync:5.1.1 -s types
    ```
 
  - To run the productType sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s productTypes
+   docker run commercetools/commercetools-project-sync:5.1.1 -s productTypes
    ```
 
 - To run the states sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s states
+   docker run commercetools/commercetools-project-sync:5.1.1 -s states
    ```
 - To run the taxCategory sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s taxCategories
+   docker run commercetools/commercetools-project-sync:5.1.1 -s taxCategories
    ```
 
 - To run the category sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s categories
+   docker run commercetools/commercetools-project-sync:5.1.1 -s categories
    ```
 
 - To run the product sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s products
+   docker run commercetools/commercetools-project-sync:5.1.1 -s products
    ```
 
 - To run the cartDiscount sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s cartDiscounts
+   docker run commercetools/commercetools-project-sync:5.1.1 -s cartDiscounts
    ```
 
 - To run the inventoryEntry sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s inventoryEntries
+   docker run commercetools/commercetools-project-sync:5.1.1 -s inventoryEntries
    ```
 
 - To run the customObject sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s customObjects
+   docker run commercetools/commercetools-project-sync:5.1.1 -s customObjects
    ```
 
 - To run the customer sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s customers
+   docker run commercetools/commercetools-project-sync:5.1.1 -s customers
    ```
   
 - To run the shoppingList sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s shoppingLists
+   docker run commercetools/commercetools-project-sync:5.1.1 -s shoppingLists
    ```
 - To run both products and shoppingList sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s products shoppingLists
+   docker run commercetools/commercetools-project-sync:5.1.1 -s products shoppingLists
    ```
   
 - To run type, productType and shoppingList sync
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s types productTypes shoppingLists
+   docker run commercetools/commercetools-project-sync:5.1.1 -s types productTypes shoppingLists
    ```
 
 - To run all sync modules using a runner name
    ```bash
-   docker run commercetools/commercetools-project-sync:5.1.0 -s all -r myRunnerName
+   docker run commercetools/commercetools-project-sync:5.1.1 -s all -r myRunnerName
    ```
diff --git a/build.gradle b/build.gradle
index 60746911..8a1e4e33 100644
--- a/build.gradle
+++ b/build.gradle
@@ -11,11 +11,11 @@ buildscript {
 }
 
 plugins {
-    id "com.github.ben-manes.versions" version '0.39.0'
-    id 'com.adarshr.test-logger' version '3.1.0'
-    id 'com.diffplug.spotless' version '6.1.0'
-    id 'com.bmuschko.docker-java-application' version '7.1.0'
-    id "com.github.spotbugs" version "5.0.3"
+    id "com.github.ben-manes.versions" version '0.42.0'
+    id 'com.adarshr.test-logger' version '3.2.0'
+    id 'com.diffplug.spotless' version '6.4.1'
+    id 'com.bmuschko.docker-java-application' version '7.3.0'
+    id "com.github.spotbugs" version "5.0.6"
 }
 
 apply from: "$rootDir/gradle-scripts/extensions.gradle"
@@ -30,16 +30,16 @@ apply from: "$rootDir/gradle-scripts/set-library-version.gradle"
 
 
 ext {
-    mockitoVersion = '4.2.0'
+    mockitoVersion = '4.4.0'
     slf4jTestVersion = '1.2.0'
-    assertjVersion = '3.21.0'
+    assertjVersion = '3.22.0'
     pmdVersion = '6.41.0'
     jacocoVersion = '0.8.6'
-    commercetoolsSyncJava = '8.1.0'
+    commercetoolsSyncJava = '8.1.1'
     apacheCliVersion = '1.5.0'
     jupiterApiVersion = '5.8.2'
     asyncHttpClientVersion = '2.12.3'
-    logbackVersion = '1.3.0-alpha12'
+    logbackVersion = '1.3.0-alpha14'
     logstashLogbackEncoderVersion= '7.0.1'
 }
 
diff --git a/docs/RELEASE_NOTES.md b/docs/RELEASE_NOTES.md
index 8bdae970..25b9ff40 100644
--- a/docs/RELEASE_NOTES.md
+++ b/docs/RELEASE_NOTES.md
@@ -33,6 +33,22 @@ All notable changes to the [commercetools-project-sync project](https://github.c
 
 This project adheres to [Semantic Versioning](https://semver.org/).
 
+### 5.1.1 - March 31, 2022
+[Commits](https://github.com/commercetools/commercetools-project-sync/compare/5.1.0...5.1.1)
+
+- ✨ **Build Tools**
+  - Migrated from gradle `v7.3.1` to [`v7.4.1`](https://togithub.com/gradle/gradle/releases/v7.4.1)
+
+- 🛠️ **Dependency Updates**
+  - `com.commercetools:commercetools-sync-java` `8.1.0` -> [`8.1.1`](https://github.com/commercetools/commercetools-sync-java/releases/tag/8.1.1)
+  - `com.github.ben-manes.versions` `0.39.0` -> [`0.42.0`](https://github.com/ben-manes/gradle-versions-plugin/releases/tag/v0.42.0)
+  - `com.adarshr.test-logger` `3.1.0` -> [`3.2.0`](https://github.com/radarsh/gradle-test-logger-plugin/releases/tag/v3.2.0)
+  - `com.diffplug.spotless` `6.1.0` -> `6.4.1`
+  - `com.bmuschko.docker-java-application` `7.1.0` - > [`7.3.0`](https://bmuschko.github.io/gradle-docker-plugin/current/user-guide/#change_log)
+  - `com.github.spotbugs` `5.0.3` -> [`5.0.6`](https://github.com/spotbugs/spotbugs-gradle-plugin/releases/tag/5.0.6)
+  - `org.assertj.assertj-core` `3.21.0` ->  [`3.22.0`](https://assertj.github.io/doc/#assertj-core-3-22-0-release-notes)
+  - `ch.qos.logback:logback-core` `1.3.0-alpha12` -> [`1.3.0-alpha14`](https://logback.qos.ch/news.html)
+  - `mockito-junit-jupiter` `4.2.0` ->  [`4.4.0`](https://github.com/mockito/mockito/releases/tag/v4.4.0)
 
 ### 5.1.0 - Dec 14, 2021
 [Commits](https://github.com/commercetools/commercetools-project-sync/compare/5.0.0...5.1.0)
diff --git a/gradle/wrapper/gradle-wrapper.jar b/gradle/wrapper/gradle-wrapper.jar
index 7454180f..41d9927a 100644
Binary files a/gradle/wrapper/gradle-wrapper.jar and b/gradle/wrapper/gradle-wrapper.jar differ
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 2e6e5897..00e33ede 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,5 +1,5 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-7.3.3-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-7.4.1-bin.zip
 zipStoreBase=GRADLE_USER_HOME
 zipStorePath=wrapper/dists