Gebrüder Weiss acquires Rhenus Bulgaria

At the signing of the contract in Sofia, Bulgaria (from the left): Alexander Gechev (Managing Director Rhenus Bulgaria), Marieta Grigorova (Managing Director Gebrüder Weiss Bulgaria), Thomas Moser (Director and Regional Manager Black Sea/CIS at Gebrüder Weiss) (Source: Gebrüder Weiss / Denny Kirilova)

The international logistics company Gebrüder Weiss is taking over the business of Rhenus Bulgaria.

The purchase agreement was recently signed in Sofia, and the acquisition awaits approval by the antitrust authorities.

Rhenus has been a long-standing partner of Gebrüder Weiss in many countries and is now withdrawing from the Bulgarian market in the Road segment.

“Acquiring the customers and employees of Rhenus Bulgaria doubles the size of our long-standing and successful unit in Bulgaria and marks the next major step in our development. We are able to significantly expand our presence in the Bulgarian market for international freight forwarding and logistics and strengthen our distribution network with additional locations,” says Wolfram Senger-Weiss, CEO of Gebrüder Weiss.

“This acquisition represents our entry into the Home Delivery area in Bulgaria and expands our geographic coverage in the region.”