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After signing the agreement, Dr. Hermann Niehues, CEO at Rhenus commented: “We are very happy with this acquisition, as TMI is a perfect match for the range of services provided by Rhenus.” Niehues spoke of an important step in expanding the group’s network.
“As a result of being linked up to Rhenus Logistics, we have gained access to Rhenus’ dense European network,” says Kees Verkerk, CEO at TMI Holding. “We complement each other very well, not only in our business activities, but also in our global network of partners and our business philosophy.”
As a result of this acquisition, annual sales at Rhenus will rise from € 2.5 to some € 3 billion and the number of staff from 13,000 to 14,000. The Rhenus Group now has 230 business sites in Europe, providing an extensive logistics network, both for road and inland waterway traffic.
TMI complements the European network of Rhenus IHG in its Freight Logistics operations, particularly in the Benelux countries, and it will add more Contract Logistics facilities. In addition, the experienced management team at TMI will significantly accelerate the expansion of international air and sea freight business within the Rhenus Group.
With its 35 branches and various companies, TMI is one of the leading logistics companies in the Netherlands and Belgium. As a result of focusing on its customers’ needs, sales have grown continually to some € 400 million over the past few years.
About
Rhenus
The Rhenus Group has annual turnover of € 3 billion, making it one of the world’s leading logistics contractors. It has over 14,000 employees based at 230 locations worldwide. Rhenus’s Contract Logistics, Freight Logistics, Port Logistics and Public Transport divisions manage complex supply chains and provide a wealth of innovative value-added services.
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Nederlandse versie