Germany’s Rhenus Group is in acquisitive mode – which will no doubt itself attract interest from the increasingly M&A-focused logistics market.
This week the company snapped up not one, but two forwarders, strengthening its global network.
Today, it announced it had acquired South Africa’s World Net Logistics, which not only has operations in Africa but also Germany, Hong Kong, China, Malaysia, Taiwan, Thailand and Singapore.
World Net Logistics offers air freight between South Africa and...
https://theloadstar.com/rhenus-snaps-up-two-forwarders-as-it-widens-its-global-footprint/