Thursday, July 30, 2020

Austrian Group Expands Influence in Germany and Elsewhere with Purchase of Logistics Assets

New Deal Awaits Authorities Approval
Shipping News Feature

AUSTRIA – GERMANY – Gebrüder Weiss has taken over large parts of the operational business of Ipsen Logistics. The consequence is that the Lauterach headquartered group has managed to increase its presence in Germany simultaneously expanding its global Air & Sea network to include national companies in Belgium, Poland, and Malaysia.

The acquisition is subject to the approval of the antitrust authorities and the necessary approval procedures and it has been agreed not to disclose the purchase price. Ipsen’s national companies in Morocco and Algeria continue to be cooperation partners in the GW network, but remain unaffected by the acquisition and the same applies to Ipsen Industrial Packing in Bremen.

Ipsen Logistics is a company that has grown from a former local port service provider to a globally active logistics group over the course of its history spanning more than 125 years. A total of 500 employees work in the Air & Sea division, 180 of whom are at the eight locations in Germany alone.

The company plans and implements worldwide air and sea freight logistics solutions for customers in a broad range of different sectors. In addition to providing transport requirements these also include additional services such as customs clearance, warehousing, packaging, quality inspection or returns management as well as consolidated container services or multimodal pre- and post-carriage concepts to the seaports.

The two managing directors of Ipsen Logistics GmbH, Eduard Dubbers-Albrecht and Hans-Christian Specht agreed that the deal provided a new prospect for the employees involved and said they were pleased to have found in Gebrüder Weiss a buyer that will safeguard the continued existence of the company and preserve jobs. Wolfram Senger-Weiss, CEO of Gebrüder Weiss, commented:

“The planned acquisition is an important step in the development of our Air & Sea division. Gebrüder Weiss and Ipsen Logistics are a good match, not only geographically but also in terms of their understanding of service and culture. Based on this stronger global network, we are now able to offer both Ipsen’s customers and our future employees’ new development opportunities.”

Ipsen has only recently expanded its global Air & Sea network to include its own locations in South Korea, New Zealand, and Australia prompting Lothar Thoma, Managing Director of Air & Sea at Gebrüder Weiss to comment that the comprehensive takeover of Ipsen Logistics’ business was part of a growth strategy being pursued by his company in the Air & Sea segment for several years now, and adding:

“Gebrüder Weiss’ national companies in Europe, Asia, America, and Oceania are ideal contact points for the customers of Ipsen Logistics who will now be able to enjoy global logistics solutions from a single source. Expanding our network in Germany and entering the market in Malaysia mean that our growth plans have been completed for the time being.

”We now cover the most important logistics markets worldwide through our own companies, or through well-coordinated partnerships. We would now like to integrate and further strengthen this setup.”

Photo: (L to R) Hans-Christian Specht, Eduard Dubbers-Albrecht, Lothar Thoma and Wolfram Senger-Weiss.