Rhenus takes over BLG freight forwarding sites and opens up new markets

The BLG LOGISTICS GROUP has made a strategic decision to focus on its
domestic and international business in its Contract, Automobile and
Container divisions in future. Rhenus Air & Ocean is consolidating its
position in Germany with the planned takeover of the freight forwarding
business of the logistics company, BLG International Forwarding GmbH &
Co KG. Rhenus is using the acquisition to tap into new business fields and
is making its global network available to the BLG Group. Provided that the
cartel authorities approve the development, Rhenus will acquire nine air and
sea freight sites on 1 April 2021.

The nine freight forwarding sites operated by BLG International Forwarding with
about 100 employees are due to be integrated within the existing network of
Rhenus Air & Ocean in Germany, which currently has twelve branches, from the
beginning of April onwards. They include business sites in Hamburg and
Bremerhaven, Düsseldorf, Frankfurt, Stuttgart as well as Munich. This will enable
the company to handle greater volumes through its LCL gateway in Hilden and its
air freight hub at Frankfurt, for example.

“We’ve gained a strong partner in Rhenus Air & Ocean and it’s making available
its extensive network to our customers thanks to its global presence,” says Jens
Wollesen, the Contract Board Member at BLG LOGISTICS. “BLG is strategically
adapting to changes in market conditions through the sale of our freight forwarding
business. Even if we’ll no longer be represented right across Germany in terms of
freight forwarding in future, we’ll continue to provide extensive international
services in our Contract, Automobile and Container divisions.”

“We've paved the way for the continual expansion of our air and sea freight
activities during the last few years. Thanks to the additional business sites,
employees and business activities, we’re consolidating our network in the Air &
Ocean division in Germany. We'd also like to develop new lines of business like
transporting food using reefer containers and activities in the trade fair and event logistics sector,” says Stefan Schwind, Managing Director of Rhenus Air & Ocean Deutschland.
The BLG freight forwarding site in Bremen, which focuses on overland traffic,
transporting heavy goods, project business and sea freight, is excluded from the
takeover.

About Rhenus
The Rhenus Group is a leading logistics service provider with global
business operations and annual turnover of EUR 5.5 billion. Rhenus has
business sites at 750 locations worldwide and employs 33,000 people. The
Rhenus Group provides solutions for a wide variety of different sectors
along the complete supply chain; they include multimodal transport
operations, warehousing, customs clearance as well as innovative valueadded
services.

About BLG LOGISTICS
BLG LOGISTICS is a seaport and logistics specialist with an international
network and corporate history that goes back more than 140 years. The
company currently has more than 100 business sites and branches around
the world. BLG offers complex, logistical system services to industry and
commerce customers. More than 11,700 BLG employees handle the
responsibility of providing smooth logistics services for high-value products
every day.