Hellmann acquires express parcel provider Innight Express
European freight and third-party logistics provider Hellmann Worldwide Logistics is acquiring the overnight express provider Innight Express, which is based in Hungary and Romania.
Hellmann said that “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”.
Hellmann said Tamás Aradi and Zoltán Csombok will continue to manage the company as co-managing directors, emphasising that customers “can expect a seamless integration and unchanged business relationships”.
Since its foundation in 2004 in Törökbálint, Hungary – 15 kilometres west of Budapest – Innight Express has developed into an overnight express specialist, primarily serving customers in the automotive and agricultural industries. For the past eight years, the company has also been successfully represented on the Romanian market by its subsidiary Innight Romania Express in Ciorogârla.
Jörg Herwig, chief operating officer for road and rail at Hellmann Worldwide Logistics, commented: “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.”
Wilfried Hesselmann, chief operating officer for CEP (courier, express and parcels) at Hellmann Worldwide Logistics, commented: “The acquisition of Innight Express gives us access and a presence in two attractive emerging countries in the Eastern European overnight-express market. We are pleased to be able to take on all 74 employees as part of the Innight Express acquisition.”
Aradi and Csombok said their goal for the new business within Hellmann “is to further expand while sustainably strengthening our presence and share in East Europe”.
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