Independent journal on economy and transport policy
06:12 GMT+1
This page has been automatically translated by Original news
Kuehne + Nagel buys the logistic society American ReTrans
the company, with center to Memphis, has beyond 300 dependent and records annual revenues for beyond 500 million dollars
June 26, 2015
The logistic group Helvetic Kuehne + Nagel has signed an agreement in order to acquire the entire capital of the American ReTrans Inc., shipment society founded in the 2002 that is specialized in the services of multimodale transport let alone in services FTL and LTL in the United States and Canada. The American company, that it has headquarters to Memphis in the Tennessee and work in 68 resorts, has beyond 300 dependent and records annual revenues for beyond 500 million dollars.
"The transaction with ReTrans - the managing director of Kuehne + Nagel has commented, Detlef Trefzger - evidences our strategy turns to an organic increase and through complementary acquisitions. Our customers will benefit of a supply chain end-to-end complete in the America North. With our important activities in the fields of marine shipments, of air shipments and the contract logistics, this acquisition will have the effect to accelerate our increase".
As a result of the transaction the president of ReTrans, David Wedaman, will become in charge of the activities overland of ReTrans and Kuehne + Nagel in the United States.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The logistic group Helvetic Kuehne + Nagel has signed an agreement in order to acquire the entire capital of the American ReTrans Inc., shipment society founded in the 2002 that is specialized in the services of multimodale transport let alone in services FTL and LTL in the United States and Canada. The American company, that it has headquarters to Memphis in the Tennessee and work in 68 resorts, has beyond 300 dependent and records annual revenues for beyond 500 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
