Neele-Vat expands with acquisition of Otentic

Collaboration of the two companies

Otentic is a financially sound company active in the storage and transshipment of raw materials for the food industry and the storage of hazardous goods. It also possesses excellent expertise in customs operations, Fiscal representation, and VAT legislation. Otentic and Neele-Vat will join forces, enabling them to offer even better and broader services with more than 1,200 employees and 32 locations in 10 countries.

Neele-Vat offers a good European transport network, a strong position in air and ocean freight, more than 500,000 m2 storage capacity within the Benelux and opportunities for value added logistics.

Cuno Vat, CEO Neele-Vat, is extremely proud of the acquisition of the wonderful company Otentic. "The activities of Neele-Vat and Otentic complement each other well. We can now offer our customers an even broader service. And with the new location near our branches in Hazeldonk and Meer (BE) we have a good starting position to expand our services internationally. So that we can fulfill our ambitions to grow as a family business and remain competitive."

For now, the Otentic companies will continue to operate independently within Neele-Vat.

Chris Doodewaard and Jack Zagers, directors of Otentic: "The acquisition by Neele-Vat offers a nice continuation for customers and staff of Otentic. With the same customer-oriented, no nonsense culture, and even more clout. We are pleased to be able to offer our customers and colleagues a bright future."

Read in english: Neele-Vat