Displaying items by tag: Rhenus Warehousing Solutions

Rhenus is set to continue its growth and increase its presence in Venlo, with the construction of a new 33,000 square metre building. Rhenus and asset manager abrdn signed a sustainable redevelopment agreement for a period of 20 years. The building, located in Greenport Venlo, will be redeveloped into a BREEAM Excellent and Well Silver building, as per the requirement of Rhenus.

The building will be divided into a 16,000 square metre warehouse, 12,000 square metre transshipment, 3,300 square metre mezzanine and 1,400 square metre office. Construction will start in September is expected to be completed in the third quarter of 2024.

“This location next to the motorway forms an important link in our international groupage 2.0 network”, says Michael van Ooijen, Regional Manager at Rhenus Road. “From Venlo, we can easily drive to other countries or trans-shipment centres in Europe. We will have 12,000 square metres at our disposal for trans-shipment. With groupage 2.0 we want to create a pan-European, full-coverage network for our customers based on daily departures with reliable transit times. Our aim is to become one of the five largest European service providers for groupage transport.”

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Nick van Loon, Managing Director Rhenus Road adds: “Additionally, we can offer our customers transport-related storage of 16,000 square metres in Venlo. Moreover, we have all the space here to shape and give substance to the cooperation with other Rhenus divisions and to grow along with our customers. After the redevelopment, the premises will meet our specific needs and requirements.”

Abrdn was supported commercially in this transaction by JLL and M2 Real Estate. Rhenus Road was assisted in this transaction by VSR Vastgoed Advies. Savills advised abrdn in the technical process, Volantess advised Rhenus Road in the technical process, and DLA Piper Nederland assisted abrdn during the legal process.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.6 billion. 39,000 employees work at 1,120 business sites and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

About abrdn
• Abrdn is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors.
• Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and Personal – focused on their changing needs.
• The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
• Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.
• As at 30 June 2023, our Investments business manages EUR428.4 bn on behalf of clients - including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

abrdn.com

The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.

 

Published in Transport & Logistics

Rhenus Warehousing Solutions has signed an agreement to acquire the Danish company DKI Logistics A/S and its warehouse investment affiliate DKI Automatic A/S (both together "DKI"). The logistics provider specialises in complete warehousing and supply chain solutions with customised value-added services. With the acquisition, Rhenus Warehousing Solutions expands its presence in Europe to the Nordic countries.

Founded in 2001, DKI is now one of Denmark's leading third-party logistics providers with 350 employees. DKI has seven warehouse locations spread between the headquarters in the port city of Horsens and the cities of Herning and Køge. With more than 280,000 square metres of warehouse space, DKI offers various inbound, storage, order handling and transport services for the Danish market. Companies from the healthcare, FMCG, furniture, clothing, household appliances and DIY product sectors are among its customers.

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To accommodate the continuous growth over the past years, DKI has constantly invested in automated technologies such as AGVs, robots, conveyor belts and shuttle systems. In general, the seven DKI warehouses are characterised by a high degree of automation in picking, packing and sorting. One new warehouse is currently being built and is expected to be completed by the end of 2022; another is planned for the coming year.

Andreas Plikat, General Manager Rhenus Warehousing Solutions, says: "Rhenus Warehousing Solutions and DKI both stand for high-quality and scalable customer solutions. In this respect, it was the logical step for us to shape our market entry into the Nordic countries together with DKI." In addition to geographically complementing the Rhenus Warehousing Solutions network in Europe, this acquisition strengthens the presence of the Rhenus Group in the FMCG and healthcare sectors. With DKI becoming part of the Rhenus Group, customers will benefit not only from the warehousing service but also from the wide range of services, including the global air and sea freight network and the extensive European land transport options. The acquisition of DKI is another step in the continuous growth of the Rhenus Group in Denmark: With locations in Copenhagen and Aarhus, the logistics specialist guarantees a reliable service in close proximity to its customers.

The acquisition is subject to regulatory approvals and closing is expected in Q4 2022.

For more information about DKI, visit https://dki-logistics.dk/.

Further information about the Rhenus group in Denmark can be found here: https://www.rhenus.group/dk/en/.

About Rhenus Warehousing Solutions

Rhenus is one of the pioneers in warehouse logistics and has an extensive global network with more than 155 business sites in 21 different countries and warehouse space measuring 3.5 million square metres. Rhenus Warehousing Solutions specialises in numerous industrial sectors so that its customers benefit from tailor-made warehousing solutions and fulfilment services. The company focuses on innovations, sustainability and continually optimising processes at its multi-user facilities and when providing dedicated and in-house solutions.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.0 billion. 37,500 employees work at 970 business sites and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

Published in Transport & Logistics