Post Date : July 5, 2021
Hellmann Worldwide Logistics has announced that the global logistics provider is acquiring the overnight express provider “Innight Express” which is based in Hungary and Romania.
This acquisition is an important milestone for the global logistics service provider’s expansion strategy in the Central and East European markets and tapping into the key overnight express services segment.
The two shareholders Tamás Aradi and Zoltán Csombok will continue to manage the company as Co-Managing Directors. Customers can expect a seamless integration and unchanged business relationships.
Since its foundation in 2004 in Törökbálint, Hungary – 15 kilometers west of Budapest – Innight Express has developed into an overnight express specialist, primarily serving customers in the automotive and agricultural industries. For the past eight years, the company has also been successfully represented on the Romanian market by its subsidiary Innight Romania Express in Ciorogârla.
By expanding our overnight-express services into Eastern Europe, we are taking another important step in our expansion strategy, which we have been executing upon since the beginning of the year, with initiatives such as the acquisition of Hellmann East Europe and the joint venture of Rhenus & Hellmann.”~ Jörg Herwig, Chief Operating Officer Road & Rail Hellmann Worldwide Logistics
The acquisition of Innight Express gives us access and a presence in two attractive emerging countries in the Eastern European overnight-express market. We are pleased to be able to take on all 74 employees as part of the Innight Express acquisition.”~ Wilfried Hesselmann, Chief Operating Officer CEP, Hellmann Worldwide Logistics
As part of the global Hellmann FAMILY, we want to make our contribution to the overall success of the company in the future. Our goal is to further expand while sustainably strengthening our presence and share in East Europe.”~ Tamás Aradi and Zoltán Csombok, Managing Directors CEP RO/HU.
Hellmann Worldwide Logistics has developed into one of the largest international logistics providers in the world. In 2020, the Hellmann Group achieved sales of around EUR 2.5 billion with 10,601 employees. The range of services includes classic forwarding services by truck, rail, air and sea freight, as well as a comprehensive range of CEP services, contract logistics, industry and IT solutions.