Tuesday, April 25, 2017

German Family Freight Forwarding Concern Buys Up Irish Logistics Partner

Company Makes Dublin Based Operation a Subsidiary
Shipping News Feature
IRELAND – Independent German freight forwarding concern Dachser has become the majority shareholder of its partner in Ireland, Johnston Logistics Ltd, effectively making the Dublin headquartered company a subsidiary of the brand. Dachser states that the move will allow the company to expand and strengthen its distribution network in northwestern Europe, with Michael Schilling, COO Road Logistics at Dachser saying:

“Our customers in Ireland benefit from uniform services and quality standards, fixed transit times, and a tightly meshed network of Dachser branch offices throughout Europe. In Johnston Logistics, we’ve acquired a well-established family company that we’ve worked with and trusted for a long time, and we see this investment as an exciting opportunity to further enhance our all-important European network.”

Founded in 1979, Johnston Logistics has become a major player in the Irish freight market with locations in Rathcoole near Dublin, Cork, and Limerick. It also has a presence in England thanks to three hazardous chemicals partner locations and runs a daily trailer service between the two countries. In addition to classic groupage services, Johnston Logistics specialises in shipments of dangerous goods and warehousing services for customers and generated €24 million of revenue in 2016. Wolfgang Reinel, Dachser Managing Director of European Logistics for North-Central Europe commented:

“Ireland’s tremendous economic growth makes it a key logistics region. This purchase allows us to offer our customers the entire range of high-quality services that Dachser is renowned for,”