Thursday, September 2, 2021

Expansion by Acquisition for European Transport and Logistics Outfit

New Takeover as Apprentice Numbers Rise
Shipping News Feature

AUSTRIA – GERMANY – SWITZERLAND – Lauterach headquartered transport and logistics group Gebrüder Weiss has announced that, as from October 1, it will be acquiring Bavarian based Spedition Lode GmbH.

The deal will see GW take over 100% of the Waldkraiburg sited company which specialises in land transport and warehouse logistics, with its 60 employees thereafter donning the orange garb of the Austrian group. Wolfram Senger-Weiss, Chair of the Gebrüder Weiss Management Board explained the move:

"Lode's service portfolio is the perfect fit for our land transport network in southern Germany. Aided by the company's employees, we will continue to tap the site's potential to consolidate our general cargo network."

Lode's operations focus on land transport, distribution and warehouse logistics and special services. As a shareholder of the 24plus logistics network, Lode is already integrated into an extensive general cargo system. Under the guidance of its previous co-owner Rüdiger Lode, the new subsidiary will initially trade under the name GW Lode GmbH. He said of the deal:

"New growth opportunities are opening up for Spedition Lode within the Gebrüder Weiss group. Our customers will benefit from a significantly broader range of services and we can offer our employees new career opportunities.”

With this latest acquisition, Gebrüder Weiss says it is posting another landmark in its southern German growth strategy. Located 70 kilometres east of Munich, the Waldkraiburg site will connect with Gebrüder Weiss' southern German land transport branches in Aldingen, Esslingen, Lindau, Memmingen, Nuremberg and Passau.

In other company news Gebrüder Weiss reports, despite the subdued mood on the apprentice employment market, that 90 young people started their training this year at the international logistics group in Austria, Germany, and Switzerland, exceeding the 71 who started last year.

This despite the fact that the coronavirus pandemic has made recruiting new people more difficult. Gebrüder Weiss has been relying ever more on digital staffing solutions than conventional face-to-face events (such as training events) to get young applicants interested in the logistics industry and to engage them in a dialog.

Photo: Rüdiger Lode (left) and Werner Dettenthaler, Managing Director Land Transport Germany at Gebrüder Weiss, meet to sign the agreement in Waldkraiburg, Bavaria.