Via the acquisition of the 10 locations of the PKZ Group, Hellmann says it is closing a gap in its existing road network in the partial and full load segment, thereby enabling sustainable growth in this existing product segment.
In addition, Hellmann is to take over the services previously performed by the PKZ Group in the areas of air- and seafreight, rail transport and contract logistics. In doing so, the company says it is creating the conditions for continuously expanding its cross-product market share via its own national company.
As of this month, the existing business activities and the workforce of the PKZ Group will be transferred to the newly established Hellmann Worldwide Logistics Slovakia.
The new national company will be headed by the current Managing Director of PKZ Group, Martin Kiaba.
Commenting on the announcement, Jens Tarnowski, Regional CEO of West Europe for Hellmann Worldwide Logistics, said:
“After almost 30 years of successful cooperation with the PKZ Group in the air- and seafreight sector, we are now looking forward to further expanding our activities and broadening our product portfolio in Slovakia on our own under the Hellmann flag. We see great potential in both markets, particularly in the automotive and industrial sectors. Both will play an important role in particular with regard to the further interconnection of our pan-European and full load network.”
Andreas Lamping, Chief Legal Officer/ Head of M&A, Hellmann Worldwide Logistics, added:
“The acquisition of PKZ Group is an important contribution to our growth strategy. Under the leadership of Martin Kiaba, PKZ has had a very successful development. We will now build on these successes as part of the global Hellmann network.”