Rhenus is making its global network available to the BLG Group
The BLG LOGISTICS GROUP has made a strategic decision to focus on its domestic and international business in its Contract, Automobile and Container divisions in the future. Rhenus Air & Ocean is consolidating its position in Germany with the planned takeover of the freight forwarding business of the logistics company, BLG International Forwarding GmbH & Co KG.
Rhenus is using the acquisition to tap into new business fields and is making its global network available to the BLG Group. Provided that the cartel authorities approve the development, Rhenus will acquire nine air and sea freight sites on 01 April 2021.
The nine freight forwarding sites operated by BLG International Forwarding with about 100 employees are due to be integrated within the existing network of Rhenus Air & Ocean in Germany, which currently has twelve branches, from the beginning of April onwards. They include business sites in Hamburg and Bremerhaven, Düsseldorf, Frankfurt, Stuttgart as well as Munich. This will enable the Company to handle greater volumes through its LCL gateway in Hilden and its air freight hub at Frankfurt, for example.
BLG is strategically adapting to changes in market conditions through the sale of the freight forwarding business.
Rhenus has paved the way for the continual expansion of its air and sea freight activities during the last few years. Thanks to the additional business sites, employees and business activities, it is consolidating its network in the Air & Ocean division in Germany. It would also like to develop new lines of business like transporting food using reefer containers and activities in the trade fair and event logistics sector.
The BLG freight forwarding site in Bremen, which focuses on overland traffic, transporting heavy goods, project business and sea freight, is excluded from the takeover.
