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Rhenus completed the acquisition of Cemasa.

Synopsis

Rhenus, a multinational logistics company, completed the acquisition of Cemasa, a regular line maritime agency based in Bilbao. Financial terms were not disclosed. "The integration of Cemasa into our organization is a key strategic move to strengthen our presence in the Spanish market and, specifically, in the Basque Country, one of the most industrialized areas of the country. We are excited about the opportunities that this union represents both for our team as well as for our clients," Francisco Ocón, Rhenus General Director.

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