Archives
Forwarding, Freight News, Logistics
Hellmann buys out Baltic partners
[ November 10, 2023 // Chris Lewis ]German-owned Hellmann Worldwide Logistics has acquired the remaining minority shares of its partner companies in Estonia, Latvia and Lithuania. Hellmann has been present in the Baltic market with the three companies since their establishment in 2007 and 2008. The current managing partners will continue to run the national companies. Full integration into the Hellmann network will significantly expand the product portfolio, which in the Baltic region has so far focused primarily on road transport of full and part loads and is expected to be extended to other segments in the future.
Tags: Hellmann