Rhenus Forest Logistics, a specialist in transporting and trading in sawmill residue, waste wood and other biomass, has acquired Kruger, a regional wood logistics services provider.
The purchase agreement, made on 1 March, includes the takeover of all Kruger employees and its vehicle fleet. They will work from a new operating site called Rhenus Forest Ellwangen.
The Kruger family opted to sell the company to resolve the issue of succession, to safeguard the company's future. The previous sole owner of the company will take over the position of manager at the new Rhenus Forest Ellwangen site.
Kruger has been operating since the 1930s and focuses on the transportation of waste wood, such as wood chips and sawdust. It also operates in the paper and steel sectors. Its key customers include sawmills, paper factories and companies in the timber industry.
"The employees and vehicles that we've gained will enable us to continue improving our logistical operations and offer our customers even more extensive services," said Heiner Höfkes, managing director of Rhenus Forest Logistics.
The Ellwangen site will be the third Rhenus Forest Logistics site, alongside Bielefeld and Plaidt.