BLG

Rhenus expands again, buying BLG Logistics freight forwarding network

Last month it was LOXX Group; this month Rhenus is further cementing is position in Europe with the acquisition of BLG Logistics Group’s freight forwarding sites.
BLG wants to focus on its contract, automotive and container divisions and is selling BLG International Forwarding to Rhenus, which has been acquisitive for some time in almost all parts of the globe. Rhenus will make its network available to BLG’s remaining business.
Rhenus takes on …

The post Rhenus expands again, buying BLG...

https://theloadstar.com/rhenus-expands-again-buying-blg-logistics-freight-forwarding-network/

M&A radar: The birth of a German super-stevedore – more takeover than merger

Hamburg’s major container terminal operator HHLA announced at the end of May that it had entered into strategic talks with its German peers, Eurokai and BLG International.
In this type of situation, all outcomes are possible but should we eagerly prepare for a three-way merger now? While some already put that question forward, here is our answer.
Statement
“Hamburger Hafen und Logistik AG (HHLA), Eurokai GmbH & Co. KGaA and BLG Logistics Group …

The post M&A radar: The birth of a German...

https://theloadstar.com/ma-radar-the-birth-of-a-german-super-stevedore-more-takeover-than-merger/