Enhancing the Company’s European land transport network
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Subject to approval by the antitrust authorities, Rhenus intends to strengthen its activities in Germany and Europe with the planned takever of the LOXX logistics group from Gelsenkirchen from 01 January 2021.
In addition to the holding company at the headquarters in Gelsenkirchen, the acquisition also includes five operational sites located at the headquarters, in Pleidelsheim near Stuttgart and in the Polish cities of Warszawa, Poznan and Katowice. This makes the LOXX Group an ideal addition to the existing European land transport network of Rhenus Freight Road due to its strong internationalisation and the cultural diversity and competence of its employees. Rhenus would like to strategically develop this further; the fact that LOXX has developed into an international full-service provider over the past ten years supports its efforts in this direction.
With the additional location in the Rhine-Ruhr region, Rhenus will further consolidate or expand its market position. The Company want to develop into a leading provider of general cargo transports, especially in the cross-border transport segment, in the entire Rhine-Ruhr region. More than 10 million people live in the Rhine-Ruhr metropolitan region – the demand for transport services is correspondingly high. The Rhenus Group is by no means leading the way there.
With Pleidelsheim, Rhenus is returning to the important state of Baden-Württemberg with an international set-up and will be able to offer customers solutions for cross-border transports in particular, in addition to distribution concepts for white goods and store deliveries. In this way, it is closing the gap between Dietzenbach, Nuremberg and Kirchheim.
Together with LOXX, Rhenus will transport a volume of around 500,000 consignments per year in Poland and will jointly operate 14 distribution locations in all parts of the country in the future. This will enable it to operate its own independent network in Poland, to develop further products, handling standards and information availability within it and to increase performance.
For the foreseeable future, both the independence of the LOXX Group and the name will remain. Possible cross-location optimisation potentials will be examined or will automatically result from the cooperation between the locations and their employees in day-to-day business.