BLG Logistics acquires Kitzinger logistics group


BLG Logistics has acquired freight forwarding company Kitzinger & Co. (GmbH & Co. KG) as well as its subsidiary Arno Rosenlöcher (GmbH & Co. KG), with each known under the umbrella brand KICO. After takeovers in 2016, KICO represents another demonstration of BLG’s strategy to expand its forwarding business.

KICO is focused on marine and air freight, with services relating to temperature-controlled transports. The company possesses eleven branches in Germany, and 130 employees. These services are supported by domestic and international overland transportation services, with Arno Rosenlöcher also offering warehousing services.

Christian Marnetté, Head of the Forwarding Division at BLG Logistics, says: “The takeover of the Kitzinger group is a key step in further expanding our forwarding operations. It also gives us another strong pillar in our Contract business area. We aim to achieve an even higher profile and penetration of the demanding market for forwarding services. KICO is a very valuable and important element in these plans.”

The CEO of KICO, Björn Kitzinger explains: “I’m delighted to be able to hand over to BLG the company my father and I built up to command its excellent market position today. KICO is our life’s work. We’ve run the forwarding company with great commitment and success for 45 years. Now, with BLG, I’ve found the best possible partner to guarantee further development. I know I’m passing on our group along with its employees, customers, and partners into excellent hands.”

The transaction is still subject to approval by the antitrust authority.

Source: BLG Logistics

GSCi

The world's largest collection of global supply chain intelligence

  • quickly and easily search and gain invaluable insight into the logistics industry
  • Empower everyone from business development executives to CEO level
  • Enhance the role of the market research department
Loading...
Loading...