German logistics group Rhenus announced acquisitions of the Colombian BLU Logistics and a participation of majority (51%) in LBH Group, a port agency based in Curaçao, thus strengthening the capabilities of the group in the Latin American region. The company of shipments BLU Logistics is present in Argentina, Colombia, Ecuador, Mexico, Paraguay and Uruguay, as well as mainland China and in Hong Kong, and annually moves a volume equal to over 180,000 teu containers of goods by sea. LBH operates in over 30 countries in the world, of which you are in the Latin America region, and through further alliances in different countries of America central. Rhenus specified that the merger of the teams of BLU and LBH will ensure that the German group increases its workforce in the Latin American region of 2,200 units.

"Our strategic acquisitions - it has emphasized the CEO and Chairman of the Rhenus Group, Tobias Bartz - allow us to further strengthen our network global and our portfolio of services in the LATAM region, where We see a growing demand for logistics services, especially for the e-commerce sector. In addition, the proximity of the region to the North American market fosters a solid environment for nearshoring, which aligns perfectly with our strategy of growth'.

The German group has specified that the intention is to extend the acquisition of LBH's shares to 100% in the next years. Founded in 1984 in Rotterdam, the LBH Group has expanded its activities to transport different types of goods in bulk and has opened subsidiaries in 24 states and alliances in seven other countries, with a strong focus on Australia and Africa. In Latin America the port agency has offices in 12 countries, including Argentina, Brazil, Chile and Panama. Since 2008 the individual branches have been gathered under the LBH Group brand.