Rhenus Forest Logistics acquires the wood logistics specialist Kruger

Rhenus Forest Logistics, the specialist for transporting and trading in sawmill residue, waste wood and biomass, took over the regional wood logistics services provider, Kruger, by means of an asset deal on 1 March. Kruger has its headquarters in Ellwangen in the state of Baden-Württemberg. The purchase agreement involves the takeover of all the employees and the vehicle fleet. They will be deployed in future at the new operating site called Rhenus Forest Ellwangen.

Friday, 6 March 2020

Rhenus Forest Logistics, the specialist for transporting and trading in sawmill residue, waste wood and biomass, took over the regional wood logistics services provider, Kruger, by means of an asset deal on 1 March. Kruger has its headquarters in Ellwangen in the state of Baden-Württemberg. The purchase agreement involves the takeover of all the employees and the vehicle fleet. They will be deployed in future at the new operating site called Rhenus Forest Ellwangen.

Kruger has been operating as a company since the 1930s and particularly transports different kinds of waste wood like wood chips and sawdust. The regional logistics specialist also works for the paper and steel sectors. Its most important customers include sawmills, paper factories and companies operating in the timber industry.

“The employees and vehicles that we’ve gained will enable us to continue improving our logistical transport operations and offer our customers even more extensive services,” says Heiner Höfkes, Managing Director of Rhenus Forest Logistics, citing the reasons for the acquisition.

The sale was motivated by the wish on the part of the Kruger family to resolve the issue of succession in order to safeguard the company’s future. The previous sole owner, Achim Kruger, will continue to be available and will take over the position of manager at the Rhenus Forest Ellwangen business site in future.

Alongside Bielefeld and Plaidt, Ellwangen will operate as the third business site for Rhenus Forest Logistics. The Rhenus subsidiary, which was founded in 2017, is certified, among other things, in line with PEFC (The Programme for the Endorsement of Forest Certification Schemes) and FSC (The Forest Stewardship Council), it is a specialist waste disposal company and it has an AEO certificate for customs clearance.

About Rhenus
The Rhenus Group is one of the leading logistics specialists with global operations and generates annual turnover of EUR 5.1 billion. Rhenus employs 31,000 people at 660 business sites. The Rhenus Group provides solutions for a wide variety of different sectors along the complete supply chain; they include multimodal transport operations, warehousing, customs clearance as well as innovative value-added services.

Press contact details for the Rhenus Group
Medienbüro am Reichstag GmbH
Reinhardtstrasse 55
10117 Berlin
Germany
Phone: +49 30 30 87 29 93
Fax: +49 30 30 87 29 95
Email: rhenus@mar-berlin.de

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