M&A Deal Summary

Rhenus AG & Co. KG Acquires LTE Logistik- und Transport

On October 30, 2015, Rhenus AG & Co. KG acquired transportation company LTE Logistik- und Transport

Acquisition Highlights
  • This is Rhenus AG & Co. KG’s 5th transaction in the Transportation sector.
  • This is Rhenus AG & Co. KG’s 1st transaction in Austria.

M&A Deal Summary

Date 2015-10-30
Target LTE Logistik- und Transport
Sector Transportation
Buyer(s) Rhenus AG & Co. KG
Deal Type Add-on Acquisition

Target

LTE Logistik- und Transport

Graz, Austria
LTE Logistik- und Transport GmbH is a provider of logistics services. LTE Logistik- und Transport GmbH was established in 2000 and is headquartered in Graz, Austria.

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Buyer(S) 1

Buyer

Rhenus AG & Co. KG

Holzwickede, Germany

Category Company
Sector Transportation
Employees24,000
Revenue 4.1B EUR (2013)
DESCRIPTION

Rhenus Group provides logistics services around the globe. Rhenus employs over 24,000 people at more than 390 locations worldwide. The Rhenus business areas – Contract Logistics, Freight Logistics, Port Logistics and Public Transport – manage complex supply chains and provide a wealth of innovative value-added services.


DEAL STATS #
Overall 6 of 12
Sector: Transportation M&A 5 of 10
Type: Add-on Acquisition M&A Deals 6 of 11
Country: Austria M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Crossrail AG

Wiler, Switzerland

Crossrail AG is a rail transport company. Crossrail AG was established in 2005 and is headquartered in Wiler, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Allgemeine Land- und Seespedition

Duisburg, Germany

Allgemeine Land- und Seespedition GmbH is a provider of logistics, transshipment, and warehousing services.

Buy -