The global full-service provider Hellmann Worldwide Logistics is acquiring the overnight express provider Innight Express based in Hungary and Romania.
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.
The two shareholders Tamás Aradi and Zoltán Csombok will continue to manage the company as co-managing directors. Customers can expect a seamless integration and unchanged business relationships.
Since its foundation in 2004 in Törökbálint, Hungary – 15km 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.
“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,” says Jörg Herwig, Chief Operating Officer Road & Rail Hellmann Worldwide Logistics.
“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,” added Wilfried Hesselmann, Chief Operating Officer CEP, Hellmann Worldwide Logistics.