5.5 C
Hamburg
Thursday, November 26, 2020
Home Freight News Austrian forwarder acquires Ipsen’s global outlook

Austrian forwarder acquires Ipsen’s global outlook

Fresh from the launch of its new home delivery service, Gebrüder Weiss has announced the acquisition of German maritime and air freight forwarder Ipsen Logistics for an undisclosed sum.

The deal remains subject to regulatory approvals, but should those approvals be given Gebrüder Weiss will have a far more comprehensive coverage following the acquisition. The Austrian company will national offices in Belgium, Poland, and Malaysia, to its extensive range in Europe, Asia, America, and Oceania.

Signed in Bremen on 29 July, Wolfram Senger-Weiss, CEO of Gebrüder Weiss explained that “The planned acquisition is an important step in the development of our Air & Sea division. Gebrüder Weiss and Ipsen Logistics are a good match, not only geographically but also in terms of their understanding of service and culture. Based on this stronger global network, we are now able to offer both Ipsen’s customers and our future employees new development opportunities.”

Ipsen’s national companies in Morocco and Algeria continue to be cooperation partners in the GW network, but remain unaffected by the acquisition; the same applies to Ipsen Industrial Packing in Bremen.

At the signing of the contract in Bremen (from left): Hans-Christian Specht and Eduard Dubbers-Albrecht (both Managing Directors at Ipsen Logistics) with Lothar Thoma (Managing Director Air & Sea at Gebrüder Weiss) and Wolfram Senger-Weiss (Chairman of the Management Board of Gebrüder Weiss). (Source: Ipsen Logistics / Bettina Conradi).

Lothar Thoma, Managing Director of Air & Sea at Gebrüder Weiss said, “The comprehensive takeover of Ipsen Logistics’ business is part of a growth strategy being pursued by Gebrüder Weiss in the Air & Sea segment for several years now. The company only recently expanded its global Air & Sea network to include its own locations in South Korea, New Zealand, and Australia. Expanding our network in Germany and entering the market in Malaysia means that our growth plans have been completed for the time being,”

The 125-year old Ipsen company’s Air & Sea Division employs 500 staff globally including 180 in eight locations around Germany. Aside from its transportation services Ipsen offers a range of other services including, customs clearance, warehousing, packaging, quality inspection or returns management as well as consolidated container services or multimodal pre- and post-carriage concepts to seaports.

- Advertisment -Port Montreal advertisment
- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

Titan offers a window to LNG power

Liquified natural gas (LNG) supplier Titan LNG has launched a price overview of LNG as a marine fuel looking at prices in the key...

Klinge Corp plans to ramp up reefer production

US based reefer container specialist the Klinge Corporation to ramp up production as demand for specialist low temperature containers is expected to grow with...

Stevedore’s action in Bilbao inflates APMT Gijon container traffic

A dockers strike in the Port of Bilbao has caused a significant increase in volumes that APM Terminals Gijon receives, exceeding its capacity and...

NWSA to open its upgraded container terminal in the next year

The Port of Seattle will complete the first phase of a modernised international maritime shipping facility at Terminal 5, a project funded jointly by...

Updated: Grounded vessel in Suez Canal refloated

Hapag-Lloyd confirmed that the Al-Muraykh ran aground this morning in the SUez Canal while on, however the vessel has now been refloated and the...

We have introduced a voluntary registration system which will help us to understand our customers better and offer them an improved service.

From 1 January, 2021 registration will be required but news content access will remain free of charge.