Rhenus on acquisition roll with buys in Joburg and Toronto

rhenus Logistics

The Rhenus Group establishes its own network in South Africa and Canada by acquiring Johannesburg freight forwarding and logistics specialist, World Net Logistics (WNL) and Toronto-based Rodair Group.

Johannesburg-headquartered, World Net Logistics – which has a strong customer base in the automotive, electronics, health care, FCMG and retail sectors – has a dense network of business sites in South Africa, alongside several branches and partners in Asia and Germany.

The World Net Logistics Group not only involves WNL in South Africa, but also the national companies known as WNL Germany with business sites in Bremen and Frankfurt/Main, as well as WNL Asia with companies in Hong Kong, China, Malaysia, Taiwan, Thailand and Singapore.

The core business activities of World Net Logistics involve air and sea freight operations. One major focus lies in providing air freight connections between South Africa and Germany, as well as maritime links between South Africa and China, Germany and Great Britain. WNL also has its own vehicle fleet for overland services as well as warehouse capacity in Johannesburg, Cape Town, Durban and East London. WNL’s customers mainly come from the automotive, electronics, health care, FCMG and retail sectors.

“The takeover of World Net Logistics marks an important step for us in establishing a network in South Africa and other African countries. WNL’s presence in Asia and Europe also strengthens our global network with additional intercontinental connections. We are confident that we will grow further together and that within the Rhenus Group, WNL will continue to develop sustainably,” says Tobias Bartz, a Rhenus Board member.

Meanwhile, the South African acquisition follows a similar move in Canada earlier this month where the Rhenus Group acquired customised logistics solutions specialist Rodair, which has its headquarters in Toronto.

The core business activities at Rodair involve international freight forwarding, project logistics, courier, warehousing and distribution, 3PL services, and e-commerce solutions. Beside their headquarters in Toronto, the company founded in 1996 has business sites in Montreal, Calgary and Vancouver.

One additional major focus lies in providing customs clearance including dedicated in-house teams in Toronto and Vancouver. Rodair’s customers mainly come from the fashion, retail, automotive, pharmaceutical and mining industries, which are key market verticals for the company.

“The acquisition of Rodair Group marks an important step for Rhenus in establishing a network in Canada,” says Jörn Schmersahl, CEO Rhenus Air & Ocean Americas. “Rodair’s entrepreneurial and family oriented history and conviction to the same values will make an important contribution to the ongoing growth of the Rhenus Group. Combined with a strong focus on customer relations, we are gaining experienced employees with local expertise for the global operations of the Air & Ocean business unit at Rhenus Freight Logistics.”

Jeff Cullen, CEO of Rodair, adds: “Being integrated into the Rhenus Group enables us to become part of an entrepreneurial global enterprise with depth expertise and passion which offers us the best prospects for long-term and sustainable development. This investment in growth, people and technology also offers a wider range of individual opportunities to our employees and will also be for the benefit of our present and future customers.”

The acquisition of both companies is subject to approval from relevant regulatory authorities.

Summary
Rhenus on acquisition roll with buys in Joburg and Toronto
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Rhenus on acquisition roll with buys in Joburg and Toronto
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The Rhenus Group establishes its own network in South Africa and Canada by acquiring Johannesburg freight forwarding and logistics specialist, World Net Logistics (WNL) and Toronto-based Rodair Group.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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