Hellmann Acquires Overnight Express Parcel Provider 'Innight Express'
The global full-service provider Hellmann Worldwide Logistics is acquiring the overnight express provider "Innight Express" based in Hungary and Romania.
With this acquisition, Hellmann is completing an important milestone in its expansion strategy in the Central and East European markets and tapping into the key overnight express services segment.
The two shareholders Tamás Aradi and Zoltán Csombok will continue to manage the company as Co-Managing Directors. Customers can expect a seamless integration and unchanged business relationships.
Since its foundation in 2004 in Törökbálint, Hungary – 15 kilometers west of Budapest – Innight Express has developed into an overnight express specialist, primarily serving customers in the automotive and agricultural industries.
Jörg Herwig, Chief Operating Officer Road & Rail Hellmann Worldwide Logistics said: "By expanding our overnight-express services into Eastern Europe, we are taking another important step in our expansion strategy, which we have been executing upon since the beginning of the year, with initiatives such as the acquisition of Hellmann East Europe and the joint venture of Rhenus & Hellmann."
Tamás Aradi and Zoltán Csombok, Managing Directors CEP RO/HU said: "As part of the global Hellmann FAMILY, we want to make our contribution to the overall success of the company in the future.
"Our goal is to further expand while sustainably strengthening our presence and share in East Europe."