Announced
Completed
Financials
Tags
Netherlands
Friendly
Private
integrated logistics
Completed
container services
Third Party Logistics (3PL)
Majority
Acquisition
Single Bidder
Cross Border
Synopsis
QTerminals, a terminal operating company, completed the acquisition of a majority stake in Kramer Holding, a provider of integrated logistics and container services located in the Port of Rotterdam in the Netherlands. Financial terms were not disclosed. “Kramer Group is an important strategic step for QTerminals as we will expand our presence into Europe’s largest port. Kramer Group complements QTerminals and adds existing business, a robust value-creating service offering and European network to QTerminals portfolio," Neville Bissett, QTerminals CEO.
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