Hellmann Worldwide Logistics, the global logistics provider with UK headquarters in Lichfield, Staffordshire, has acquired the freight operations of Elsen Internationale Spedition in Germany, taking over three of the firm's offices in Wittlich, Polch and Neunkirchen from January 1, 2007.
Elsen and Hellmann have worked in partnership for decades, sharing the business philosophy of an owner-managed business, and developing a strong working relationship that has led to this sale. Elsen Internationale Spedition owner, Wolfgang Groß-Elsen commented:
“In this sale, we deliberately chose a strong partner with good development perspectives. Elsen, with its remaining 400 staff, will in future concentrate more on outsourcing projects, contract logistics, sea and air freight and the complete load business with its own 100 vehicles,”
The acquisition will see Hellmann take over 175 employees from Elsen across the three premises, and an annual turnover of €37million. Last year, Hellmann achieved a turnover of €2.509billion, and this new acquisition will see the company's total number of employees worldwide rise to 6750.
Speaking about the purchase of the Elsen business, Managing Owner of Hellmann Worldwide Logistics, Klaus Hellmann stated:
“We are planning to expand the business acquired with the Elsen Internationale Spedition offices, through targeted staff increases, process optimisation and systematic digitisation of business processes in parallel with the entire Hellmann network. This will lead to long-term protection and strengthening of the business. It is important that this step reinforces the stability of System Alliance and expansion of the unit load network in Germany and Europe.”
According to Hellmann's UK Managing Director Martin Meyer, the purchase will also have benefits for the company's customers in the United Kingdom, commenting:
“Hellmann is an expanding business, and the acquisition of a quality Elsen operation in Germany can only help to further enhance our capabilities in Germany and central Europe, which will have a beneficial impact on our UK customers that export to or import from this area.”