Gebrüder Weiss has taken over the business of Rhenus Bulgaria, thereby strengthening its position in south-east Europe.
The purchase agreement was recently signed in Sofia, and the acquisition awaits approval by the antitrust authorities. Rhenus has been a traditional partner of Gebrüder Weiss in many countries and is now withdrawing from the Bulgarian market in the road segment.“Acquiring the customers and employees of Rhenus Bulgaria doubles the size of our long-standing and successful unit in Bulgaria and marks the next major step in our development. We are able to significantly expand our presence in the Bulgarian market for international freight forwarding and logistics and strengthen our distribution network with additional locations,” says Wolfram Senger-Weiss, CEO of Gebrüder Weiss. “This acquisition represents our entry into the home delivery area in Bulgaria and expands our geographic coverage in the region.”