TRIESTE – Rhenus is expanding its business activities in Croatia by completely taking over the logistics company, Log Adria.
The logistics specialist aims to become more involved in the region, particularly for freight forwarding, transport chains and other services via the Croatian ports of Rijeka and Ploče.
Rhenus and Log Adria have already cooperated successfully in the past. Thanks to the takeover, Rhenus is strengthening its presence in the Balkans region and now has its business sites in Croatia for the first time. Rhenus already operates in Romania, Bulgaria, Slovenia and Serbia.
«Log Adria is particularly making available its regional and product expertise for our company. Rhenus will link this long-standing knowledge about customers and business partners locally with its global network, which is being sensibly enhanced by this acquisition,» says Patrick Schäffer, speaker of the executive board at Rhenus Commodity Logistics.
Log Adria, which was founded in 2014, offers sea cargo and freight forwarding services at its headquarters in the Croatian port town of Rijeka. It also has a sea freight branch in Ploče in the south of the country as well as air freight sites in the capital, Zagreb, and in Belgrade in Serbia.
The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to 5.4 billion euros; 33,500 employees work at 820 business sites, offering innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family business pools its operations in various business units.