Since the start of the year, Rhenus High Tech has been a co-shareholder in TENESO, a large cross-border high-tech transport company in Europe; the latter has its headquarters in Karlsruhe. This is enabling Rhenus to strengthen its existing European network structures for high-tech logistics.
The customers of Rhenus High Tech in Germany now have better access to high-quality network structures, particularly in countries where Rhenus High Tech has not been directly active up to now. In return, the shareholding in TENESO opens a door so that it can directly use the specialist distribution network of Rhenus High Tech in its important key European market of Germany.
“As a result of our acquisition of the high-tech activities of Simon Hegele last year, TENESO has already used our network in Germany for international value-added concepts. Contact with TENESO has continued to intensify during the course of the partnership,” said, Ralph Decker, Managing Director of Rhenus High Tech. “We’re convinced that we’ll be able to add further benefits for our customers as a co-shareholder thanks to our high degree of focus and our clear concentration on our sector and offer genuine value-added for cross-border logistics concepts.”
“TENESO brings together leading service logistics specialists in Europe. Having an established market player like Rhenus High Tech on board, we’re now consolidating our expertise in various market segments. We’ll be able to pool our strengths and create synergy effects in future,” said Udo Scheffler, Managing Director of TENESO.
Rhenus High Tech, the technical value-added logistics specialist, takes over the responsibility for positioning and assembling sensitive or sophisticated devices at their final place of use as well as the transport and logistics tasks prior to and after these operations for many companies. Rhenus High Tech’s network for technical distribution operations involves 14 business sites in Germany alone. They are complemented by the company’s own international network structures in the core countries in Europe. Rhenus High Tech is viewed as a pioneer in the field of high-tech logistics – it has experience going back more than 50 years and is actively pressing ahead with further developments in this specialised market segment.
Source: Rhenus
