Norbert Dentressangle has completed the acquisition of the ambient and temperature-controlled warehousing and general cargo freight forwarding activities of Belgian logistics company, Nova Natie.
These activities generated a full year turnover of €40 million in 2011. With 250 employees and 120,000 m² of warehousing space, 95% of Nova Natie's business is carried out from the Port of Antwerp in Belgium, with the remainder at Schipol Airport in the Netherlands.
With a strategic location in the Port of Antwerp, the acquisition significantly strengthens Norbert Dentressangle's logistics business in Belgium.
As a result, the company now employs more than 1,000 colleagues, operates around 230,000 m² of warehousing and a fleet of 200 vehicles, and expects the Belgian operation to generate annual revenues of almost €120 million.