Rhenus Group announced the successful closing of the acquisition of the remaining 49% stake in LBH Global Agencies Inc., a globally active port agency with business sites in 24 countries worldwide.

As an international maritime shipping agency, LBH Group manages incoming and outgoing vessels handling bulk goods, liquid cargo, containers, and general cargo.

With the acquisition of the remaining shares from the Lagendijk family, the company is now a wholly owned subsidiary of Rhenus – a strategic step that has been pursued since the two companies joined forces in 2023.

Rhenus said the two companies have worked together for many years, building a close relationship around a shared objective of improving international customer service. The partnership was originally formed to combine LBH Group's global port agency network with the broader logistics capabilities of Rhenus.

Since then, the collaboration has expanded the strengths of both organisations, allowing them to offer more comprehensive services and support customers with increasingly tailored and resilient supply chain solutions.

Bringing the two specialised teams together marks another step in the Rhenus Group’s strategy to grow its global trade footprint and strengthen supply chain connectivity worldwide.

"Under full ownership, LBH Group will remain a central pillar of the maritime strategy of Rhenus. The company will continue to operate under its established brand, maintaining its market presence and well-recognized service quality," Rhenus said in the announcement.

The international logistics provider noted that the acquisition also underscores the importance of reliable partnerships that continue to pave the way for the Rhenus Group's growth trajectory guided by the vision of expanding global logistics operations as one global team.