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Kuehne + Nagel buys in Benelux
[ November 20, 2019 // Chris ]Kuehne + Nagel is to acquire the overland and logistics activities of Netherlands–based Rotra, subject to conditions. KN board member Stefan Paul,described the company as “a leading and well-rooted player in the Netherlands and in Belgium – two of the centres of gravity for logistics in Europe” that would strategically complement Kuehne + Nagel’s existing network all over Europe. Rotra has about 800 employees and a yearly net revenue of over €100 million. The seafreight, container terminal and airfreight activities will remain with the current owners.
Tags: Kuehne + Nagel; Rotra