Neele-Vat acquires Mammoet Ferry Transport and strengthens its position in European road transport
20-12-2019
byBeau van den Berg/December 20, 2019/atTransportation news
Logistics service provider Neele-Vat has reached an agreement today regarding the acquisition of Mammoet Ferry Transport. With this acquisition, Neele-Vat strengthens its position in European road transport. In addition, it will add international branches in Belgium, Germany, Austria, and the UK.
The merger of these two Rotterdam companies means strengthening the European transport network for existing customers of both companies. At the same time, it strengthens the scale needed to remain competitive in tomorrow's Europe as well.
Mammoet Ferry Transport, with 70 employees, will continue to operate under its own name within the Neele-Vat Family. The management team will remain in place, and the acquisition will have no impact on employment. Managing Director and owner Krijn Torreman will also remain involved following the acquisition.
Krijn Torreman: "Together with Neele-Vat, we can better facilitate our customers' growth and logistics needs. To the customers of Neele-Vat we can offer a more extensive network of international branches. So that services can also be offered in other countries."
"At the same time, this transaction gives substance to ensuring the continuity of our company that I have built together with all employees over 30 years. Relationships and employees are in good hands at Neele-Vat. It is a strong and healthy family business that invests in innovation and logistics solutions."
Mammoet Ferry Transport has 70 employees, offices in Rotterdam, Zeebrugge (Belgium), Duisburg (Germany), Ansfelden (Austria), Preston Brook and Cambuslang (UK). Mammoet Ferry Transport is particularly strong in transport to and from the UK. These services enhance opportunities for Neele-Vat customers.
Cuno Vat: “The activities of Neele-Vat and Mammoet Ferry Transport complement each other well. We can now offer our customers an even broader range of services. And with the new locations, we’re in a strong position to expand our services internationally. This will allow us to realize our ambitions to grow as a family-owned business and remain competitive.”
Following the acquisition, Neele-Vat is a financially sound family-owned business with 900 employees, 20 locations in 10 countries, 256,000 m2 of warehouse space, and revenue of 300 million euros.