Kuehne + Nagel expands European network through acquisition-CeMAT ASIA-Smart Logistic
The logistics giants, Kuehne + Nagel, has announced the acquisition of the overland and logistics activities of Netherlands-based company Rotra.
The announcement will see Kuehne + Nagel expand its leading European overland network with strong positions in all major markets. It is the company’s latest strategic move following the recent takeover of the Jöbstl Group in Austria.
“Rotra is a leading and well-rooted player in the Netherlands and in Belgium – two of the centres of gravity for logistics in Europe,” commented Stefan Paul, Member of the Management Board of Kuehne + Nagel International AG, responsible for Overland. “Their activities strategically complement Kuehne + Nagel’s existing network all over Europe; to the benefit of our local and international customers who will have access to our expanded service portfolio in this region.”
Rotra’s sea freight and air freight, as well as the container terminal activities, will remain with the current owners.
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“After more than 100 years of growing our family business, the time has now come to offer our customers an even wider road network and a broader range of services,” commented Harm Roelofsen, Director and co-owner of Rotra. “Kuehne + Nagel, one of the leading logistics providers worldwide, is our partner of choice to enable further growth and at the same time offering our employees the best future development opportunities.”
Kuehne + Nagel will acquire the overland and logistics activities of Rotra. The seafreight and airfreight as well as the container terminal activities will remain with the current owners. The acquisition is subject to customary closing conditions, including merger clearance by the competent competition authorities.
Who are Kuehne + Nagel?
Founded in Bremen, Germany, in 1890, Kuehne + Nagel by namesakes August Kuehne and Friedrich Nagal, the company has become one of the leading logistics providers worldwide. Today, Kuehne + Nagel has more than 1,300 offices in over 100 different countries, employing 82,000 people worldwide.
Who are Rotra?
Rotra is a Dutch-based family-owned firm that prioritises customer service, reliability and flexibility. Operating a fleet of more than 200 trucks, Rotra provides Europe-wide overland transportation as well as contract logistics services for Dutch, Belgian and international customers.
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Image: Kuehne + Nagel Press.
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