RHENUS ACQUIRES WORLD NET LOGISTICS

The Rhenus Group has acquired World Net Logistics, a freight forwarding and logistics specialist headquartered in Johannesburg.

 

World Net Logistics has an extensive network in South Africa, as well as in Germany, Hong Kong, mainland China, Malaysia, Taiwan, Thailand and Singapore. The company’s core business activities involve air and sea freight operations, with a major focus on air freight connections between South Africa and Germany as well as maritime links between South Africa and China, Germany and the UK.

 

“The takeover of World Net Logistics marks an important step for us in establishing a network in South Africa and other African countries,” said Tobias Bartz, board member of Rhenus. “WNL’s presence in Asia and Europe also strengthens our global network with additional intercontinental connections. We are confident that we will grow further together and that within the Rhenus Group, WNL will continue to develop sustainably.”

 

WNL also has its own vehicle fleet for overland services as well as warehouse capacity in Johannesburg, Cape Town, Durban and East London.

 

WNL’s customers are mainly from the automotive, electronics, healthcare, FMCG and retail sectors, according to Rhenus.