Wikipedia

Rhenus (company)

The Rhenus Group is an international logistics service provider based in Holzwickede near Dortmund, Germany. The company has branches in Europe, India, North, Central and South America, Asia, Africa, and Oceania.[1][2][3] It is a subsidiary of German Rethmann Group.[1]

Rhenus Group
IndustryLogistics
Founded1912
Headquarters
Holzwickede
,
Germany
Area served
Europe
Asia
America
Oceania
Africa
Key people
Tobias Bartz (CEO)
Egbert Bernsmeister
Stephan Peters
Andreas Stöckli
Marco Schröter (Chairman)
Revenue€7.5 billion (2023)
Number of employees
40,000 (2023)
ParentRethmann Group
SubsidiariesRhenus Veniro
Websitewww.rhenus.group

History

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Rhenus Logistics Mercedes-Benz Atego in Berlin
 
Rhenus Logistics distribution centre in Son en Breugel, Netherlands

Foundation and development until 1998

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On 13 November 1912, Badische Actiengesellschaft für Rheinschifffahrt und Seetransport and Rheinschifffahrts Actiengesellschaft established a joint company with headquarters in Frankfurt[4][5] under the name Rhenus, after the Latin word for the river Rhine.[4][6] Branch offices were established in Antwerp, Mainz, Mannheim, and Rotterdam.[4][7] The business was initially active in freight transport and forwarding on the Rhine, as well as warehousing.[5] In 1934, Hibernia Bergwerksgesellschaft, a subsidiary of VEBA, acquired a majority shareholding in the company.[1]

When VEBA was restructured in 1969, Rhenus was acquired by Hugo Stinnes AG. In 1971, Hugo Stinnes AG restructured its inland waterway shipping activities and set up Fendel-Stinnes-Schifffahrt AG near Duisburg. Rhenus Gesellschaft für Schifffahrt, Spedition und Lagerei was transformed into Rhenus AG, based in Mannheim.[1]

The company was renamed again in 1976 when a joint venture was formed between Rhenus AG, Fendel-Stinnes-Schifffahrt AG and Westfälische Transport-Actien-Gesellschaft (WTAG). The new company under the name Rhenus-WTAG had its headquarters in Dortmund,[1] with 40 branch offices throughout Germany.[4] The subsidiary CCS Combined Container Service was founded simultaneously.[1]

In 1984, Rhenus-WTAG merged with WTAG and resumed under the name Rhenus.[4][8] In 1988, Rhenus formed three management companies: Rhenus Weichelt handled road freight transport, Rhenus Lager und Umschlag took on warehousing, transshipment and inland waterway shipping and Rhenus Transport International was responsible for international freight forwarding and air freight.[9]

In 1990, Stinnes AG (Hugo Stinnes AG until 1979) entered into a strategic alliance with Deutsche Bahn subsidiary Schenker AG through acquiring a 24.9 percent stake.[10] In 1991, Stinnes purchased Schenker AG outright and the three Rhenus divisions were restructured again.[11] Rhenus Transport International became part of the newly formed Schenker International; Rhenus Lager und Umschlag operated under the former name Rhenus, and Rhenus Weichelt was merged with Schenker Eurocargo.[11] In 1996, Schenker-Rhenus AG was formed to combine all logistic activities of the Stinnes Group. The three business divisions formed in 1991 were integrated into it. Prior to this, the inland shipping activities of all Stinnes subsidiaries had been pooled in RS PartnerShip and integrated into the Rhenus Group together with Midgard Deutsche Seeverkehrs-AG.[11][12]

After a 60,000 m² logistics centre was opened in Berlin in 1993, the 1990s saw the opening of further logistics centres throughout European cities such as Langgöns, Giessen, Mannheim, Stuttgart, Hanover and Prague.

Expansion since 1998

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Rhenus was acquired by Rethmann in 1998 and went on to develop into a full-service provider for logistics services.[4][13]

In 2000, Rhenus acquired Schweizerische Reederei und Neptun and rebranded it Rhenus Alpina.[14] In the same year, Rhenus started operating the IKEA central warehouse in Salzgitter and launched the International Consolidation Centre in Giessen. In 2002, Rhenus Alpina took over Cargologic and began handling air freight at Bern, Geneva and Zurich Airports.[1] Rhenus changed its corporate structure and the management company was renamed Rhenus AG & Co. KG, with the business segments:[5]

  • Contract Logistics (contract logistics)
  • Port Logistics (full-service provider for sea and inland ports)
  • Intermodal (handling and transportation in container traffic)

In 2003, Rhenus set up a joint venture with Kerry Logistics in Asia. In 2004, Polish logistics provider Polta was purchased.[1] Through the acquisition of Interspe Hamann Group (IHG) in 2006, Rhenus gained access to the company's land transport network and global freight services.[1][15]

Rhenus acquired Transport Management International Holding (TMI), Hoofddorp (Netherlands), in July 2007, which supplemented Rhenus IHG's European network in the freight logistics division, particularly in the Benelux countries, and contributed further contract logistics sites. The takeover of TMI also led to an expansion of the Rhenus Group's international air and sea freight business.[1][16]

At the turn of the year 2007/2008, Rhenus Group took over Hamann International SAS with 4 sites in France (Bordeaux, Cholet, Angers and Lyon) and founded Rhenus Freight Logistics in France.[17][18]

Rhenus acquired a majority shareholding in the Pro-Log Group in 2010 in order to consolidate its own network in Asia.[19][20] In the same year, Thüringer Verlagsauslieferung (TVA) in Gotha was transferred from the Langenscheidt Publishing Group to Rhenus Medien Logistik.[21] Additionally, Rhenus took over the forwarding companies Weckerle GmbH Spedition Logistik, IFS Inter Freight System Internationale Spedition GmbH and Grossmann Sea & Air Logistics.[19][22][23] Rhenus and Mierka Donauhafen Krems agreed a strategic partnership to expand the Danube activities, which led to the acquisition of a majority shareholding in 2013.[19][24] The complete takeover took place in 2018 and the company was renamed Rhenus Donauhafen Krems.[25]

In 2011, Rhenus signed an agreement to take over the European activities of the Wincanton Group and strengthened its position in contract logistics and multimodal transport with the purchase.[1][26] The activities were initially managed by the company Rhenus Midi Data[27] and since 2019 in Rhenus High Tech.[28] The company acquired a 20 hectare deep-sea terminal in the port of Rotterdam.[29]

In 2014, Rhenus took over the warehouse logistics operations for the car manufacturer BMW at the Regensburg-Neutraubling plant.[2] In December of the same year, Rhenus purchased a 50.1 percent shareholding in Swiss rail freight operator Crossrail AG.[30] At the end of February 2015, Rhenus took over KOG Worldwide AG,[31] which still operates as a Rhenus Group business unit for project logistics and plant transportation in the USA, Europe, and Asia.[32] In October 2015, the Rhenus Group acquired 50 percent of the shares in LTE Logistik- und Transport from the previous sole shareholder, Graz-Köflacher Bahn,[1][33][34] and in 2016, Rhenus expanded its involvement in the automotive sector through the acquisition of Ferrostaal Automotive.[35] Since the takeover of the freight forwarder O'Brien Customs and Forwarding Pty Ltd. in 2017, the company has been represented in Australia by a national company, Rhenus Logistics Australia.[36]

In the same year, the company entered the area of end customer delivery of furniture in the UK with the acquisition of Network 4 Home Delivery.[37] Rhenus expanded its network in Brazil by purchasing the company Pirâmide SeaAir Comércio Exterior in 2018.[1][38] The logistics service provider also acquired the Dutch forwarding company Jos Dusseldorp Vastgoed B.V., which had more than 90 employees and was added to its home delivery business segment.[39] Since August 2018, the company has also been active in New Zealand.[40] In the same year, Rhenus took over the shareholding in Niederrheinische Verkehrsbetriebe from its subsidiary Rhenus Veniro, before it was merged with the German subsidiary of Transdev.[41][42] In 2019, Rhenus also took over the South African freight forwarding and logistics provider World Net Logistics (WNL) based in Johannesburg,[43] and expanded its medical division in the high-tech sector as the MTS Medizinischer Transport-Service GmbH.[44]

In 2020, the Rhenus Group acquired a majority stake in Deutsche Binnenreederei from the Polish capital group OT Logistics and the Hamburg-based company Carl Robert Eckelmann.[45][46] Rhenus also acquired 100 percent of the shares in Simon Hegele Hightech Transport & Service, a subsidiary of the Simon Hegele Group,[47] and furthermore took over the operating companies of the New Zealand-based Malcolm Total Logistics Group.[48]

Rhenus acquired all shares in the Bavarian scanning service provider MDN Hübner on 1 January 2021, and took over the logistics group Loxx.[1][49] By taking over the freight forwarding business of the BLG Logistics Group in Germany, Rhenus opened up new business areas in the Air & Ocean segment.[1][50] The company expanded its activities on the Balkan Peninsula by taking over the Croatian logistics specialist Log Adria,[51] as well as expanding in the Polish market by taking over the freight forwarding and logistics company C. Hartwig in October 2021.[52][53] In June 2023, Rhenus acquired Polish Destroy & Recycling,[54] Colombian BLU Logistics, as well as a majority shareholding in the LBH Group in September 2023.[3][55]

Company Structure

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The Rhenus Group operates as a logistics service provider at 1,320 locations,[56] including branches in Europe, India, North America, South America, Central America, Asia, Africa, and Oceania.[1][2][3]

The company is managed by Tobias Bartz (CEO), Egbert Bernsmeister, Stephan Peters and Andreas Stöckli.[1] Marco Schröter acts as Chairman of the Supervisory Board.

The company's turnover for 2023 was €7.5 billion; it employed 40,000 people.[57] Rhenus is the largest German transport company without state participation in 2023.[2]

Rhenus Veniro

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Logo of Rhenus Veniro
 
Rhenus Veniro Stadler Regio-Shuttle RS1 in January 2016

Rhenus Veniro operates public transport companies in Germany. It was formed in December 2007 when the Eurobahn joint venture between Keolis (60%) and Rhenus (40%) was dissolved, with Rhenus Veniro taking nine bus companies, two railway contracts and a tram contract, while Keolis continued to operate Eurobahn rail services.[58][59][60] It currently operates two railway contracts in Rhineland-Palatinate.[61]

In January 2019, Rethmann Group, the parent company of Rhenus, contributed the Rhenus Veniro operations to the Transdev portfolio as part of its acquisition of Transdev shareholding.[62]

Business divisions

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Transport Logistics

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In the field of transport logistics, the company offers road, rail, air freight, sea freight and inland waterway transport services.[1]

Warehouse Logistics

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In the field of warehouse logistics, Rhenus distributes shared services to different users of the same logistics center, takes over logistics processes by implementing personnel or equipment concepts and builds new facilities for its clients.

The company also has its own warehouse management system and offers real-time monitoring of ongoing processes via an app for its customers.[1][63]

Sustainability

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In Tilburg, Netherlands, Rhenus operates a warehouse with 13,000 solar panels on the roof, which enables a CO2-neutral energy supply for the company and electricity production for 750 households.[64] This logistics center called The Tube received a BREEAM score of 99.48 percent.[65]

In Wesel, the company built a logistics center in 2023 with a total area of 86,000 square meters that does not use fossil fuels. The underfloor heating is powered by geothermal energy. A photovoltaic system on the roof also generates electricity, which in turn is collected in battery storage units.[66]

Rhenus also opened offices in Halifax and St. John's in Canada to advance the development of offshore windfarm projects.[67]

In Kleinhüningen, Germany, the company built a solar installation on the roof of the hall to generate 2.4 million kilowatt-hours per year and thus cover the annual electricity requirements of Rhenus' activities in Kleinhüningen.[68] Overall, Rhenus was able to produce more electricity from photovoltaic systems on its logistics centers in 2023 than it needed for their operation.[69]

References

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  1. ^ a b c d e f g h i j k l m n o p q r s Company profile – Rhenus SE & Co KG. Marketline. 7 August 2023.
  2. ^ a b c d Schlautmann, Christoph (3 March 2023). "Spedition macht mit "Einkaufstour" Milliarden-Umsätze". Handelsblatt. Retrieved 7 December 2023.
  3. ^ a b c "Rhenus Group solidifies LATAM presence through strategic acquisitions and partnerships". The Arabian Post. 7 September 2023.
  4. ^ a b c d e f "Rhenus AG & CO. Kg – History". Marketline. 22 July 2004.
  5. ^ a b c Granzow, Axel (12 November 2012). "100 Jahre Rhenus". Deutsche Verkehrs-Zeitung. Retrieved 4 December 2023.
  6. ^ Lepél, Sabine (28 January 2023). "Rhenus bricht Verhandlungen ab". Hamburger Abendblatt.
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  8. ^ "Rhenus AG of West Germany, a subsidiary of Veba via Stinnes, recorded satisfactory business levels in 1984". Textline Multiple Source Collection (1980-1994). 6 August 1985.
  9. ^ History 1956-1988 Rhenus Group
  10. ^ "Stinnes AG to acquire 24.9% stake in Schenker". Textline Multiple Source Collection (1980-1994). 30 March 1989.
  11. ^ a b c "Rhenus AG & CO. Kg – History". Marketline. 22 July 2004.
  12. ^ "Alle Stinnes-Binnenschiffsreedereien in einer Gesellschaft zusammengefasst. Erweiterte Angebote sollen das Ergebnis verbessern". Handelsblatt. 25 October 1995.
  13. ^ "Rethmann erwartet Umsatz von 3,3 Mrd DM". Handelsblatt. 19 February 1998.
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  34. ^ Rhenus Group to take 50% stake in LTE Railway Gazette International. 2 July 2015.
  35. ^ "Rhenus acquires Ferrostaal Automotive". Financial Deals Tracker. 29 April 2016.
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  37. ^ "Rhenus enters British home delivery market". CEP Research. 17 February 2017.
  38. ^ Landrum, Elizabeth (12 January 2018): "Rhenus snatches up Pirâmide SeaAir". American Shipper.
  39. ^ "Rhenus Home Delivery acquires Dutch freight forwarder Jos Dusseldorp Transport". CEP Research. 4 July 2018.
  40. ^ "Rhenus Opens its First Branch in New Zealand". The President Post. 31 August 2018.
  41. ^ Whitfield, Paul (2 October 2018): "Veolia Secures Exit from Train and Bus Operator Transdev". The Deal.
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  44. ^ "Handelsregisterauszug von MTS Medizinischer Transport-Service GmbH aus Krefeld (HRB 7760)". German Commercial Register (in German). Retrieved 7 December 2023.
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  47. ^ "Rhenus High Tech to Acquire 100% Stake in Simon Hegele". Financial Deals Tracker. 5 March 2020.
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  50. ^ Hanuschke, Peter; Boekhoff, Lisa (15 February 2021). "BLG verkauft Speditionsgeschäft: Rhenus übernimmt Standorte". Weser Kurier (in German). Retrieved 7 December 2023.
  51. ^ "Rhenus takes over Croatia's Trans Integral". SeeNews – The Corporate Wire. 4 April 2023.
  52. ^ "Generational Equity Advises Global Net Logistics in its Sale to Rhenus Logistics Americas". Contify Investment News. 11 November 2021.
  53. ^ Sawary-Kohnen, Daniela (21 September 2023). "Polen: Rhenus erwirbt C. Hartwig Gdynia". Transport-online (in German). Retrieved 7 December 2023.
  54. ^ "Destroy & Recycling sp. z. o.o., Breslau, Polen". North data (in German). Retrieved 7 December 2023.
  55. ^ Lerma, Reneé (29 September 2023): "Grupo Rhenus Acquires BLU Logistics, Awaits Colombia’s Approval". Mexico Business News.
  56. ^ Arcibal, Cheryl (12 November 2023). "German's Rhenus group banks on China as key logistics market on economic ties". South China Morning Post. Retrieved 7 December 2023.
  57. ^ "Rhenus – About Us". Rhenus. Retrieved 7 December 2023.
  58. ^ "French Win Bielefeld Contract" Today's Railways Europe. Issue 40. April 1999. page 13.
  59. ^ "Rhenus and Keolis now formally separated" (in German). Omnibus Review. 6 December 2007. Archived from the original on 26 October 2018. Retrieved 13 June 2019.
  60. ^ "Standardised personnel planning procedures – Rhenus Veniro introduces microbus in all its-subsidiaries". IVU Traffic Technologies. 3 July 2008. Archived from the original on 29 October 2018. Retrieved 13 June 2018.
  61. ^ "Rhenus Veniro RS1 in service". Today's Railways Europe. Issue 187. July 2011. page 52.
  62. ^ Veolia out of transport as Rethmann acquires Transdev stake Railway Gazette International 11 January 2019
  63. ^ "Bereits der zweite Standort in Gießen". Gießener Anzeiger. 25 February 2022.
  64. ^ "Logistiker können an vielen Stellen CO2-Emissionen vermindern". Deutsche Verkehrs-Zeitung. 5 May 2021.
  65. ^ Wimmer, Anita (11 January 2023). "Nachhaltiges Leuchtturm-Projekt: die Logistik-Immobilie "The Tube"". Handelsblatt (in German). Retrieved 7 December 2023.
  66. ^ Schyma, Christian (15 July 2023): "Riesiges Logistikzentrum ist bald fertig". Neue Ruhr Zeitung.
  67. ^ "Rhenus startet nachhaltige Offshore-Logistik im Osten Kanadas". Windkraft-Journal (in German). 28 February 2023. Retrieved 7 December 2023.
  68. ^ "Rhenus setzt grünes Ausrufezeichen im Hafen". Basler Zeitung. 4 February 2023.
  69. ^ Tschan, Kurt (27 April 2023): "Das Tor zur Welt nicht verbauen". Basler Zeitung.
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