Kuehne + Nagel is expanding its overland transport sector through the acquisition of G.L. Kayser, based in Mainz, and the Cordes & Simon Group, headquartered in Hagen.
G.L. Kayser is a medium-sized family business with its headquarters in Mainz. The company is one of the most important logistics service providers in the Rhine-Main region. It has an annual turnover of 120 million euros and employs approximately 700 people. The company’s business focus is on international and domestic overland forwarding and the provision of integrated logistics solutions.
In the field of contract logistics, G.L. Kayser offers customers a comprehensive range of services and manages 120,000 sqm of warehouse space at four locations in the region.
In the field of contract logistics, G.L. Kayser offers customers a comprehensive range of services and manages 120,000 sqm of warehouse space at four locations in the region.
Cordes & Simon was established in 1934 and has developed into one of the most important logistics service providers in the North Rhine-Westphalia region. The company’s business also focuses on integrated domestic and international services. It employs 550 people and recorded a turnover of 100 million euros in 2006. In addition to its headquarters in Hagen and a branch in Wilnsdorf, Cordes & Simon operates in the Berlin area, as well as in Freiberg near Stuttgart and Villingen-Schwenningen.
Klaus Herms, CEO of Kuehne + Nagel International AG, said:
– With G.L. Kayser and Cordes & Simon, we have added two more companies with extensive experience and skills to our Group, thus taking another important step towards achieving our ambitious goals. These acquisitions have significantly strengthened our network and position on the German market, and also provide an ideal platform for the dynamic expansion of our road transport activities in Europe.
– With G.L. Kayser and Cordes & Simon, we have added two more companies with extensive experience and skills to our Group, thus taking another important step towards achieving our ambitious goals. These acquisitions have significantly strengthened our network and position on the German market, and also provide an ideal platform for the dynamic expansion of our road transport activities in Europe.