On December 20th, the logistics service provider Neele-Vat Logistics reached an agreement on the takeover of Mammoet Ferry Transport. This acquisition strengthens the company’s position in European land transport. International branches in Belgium, Germany, Austria and the UK will be added.
The merger gives the customers of the two Rotterdam-based companies access to a more comprehensive European transport network. At the same time, it strengthens the scale required to remain competitive in tomorrow’s Europe.
Mammoet Ferry Transport will continue to operate under its own name within the Neele-Vat Group. The management will remain in office. Krijn Torreman: “Together with Neele-Vat we can offer our customers better growth and logistic solutions. At the same time, this transaction is a major contribution to ensuring the continuity of our company, which I have been building up together with all employees over the past 30 years”.
Mammoet Ferry Transport employs 70 people in branches in Rotterdam, Zeebrugge (Belgium), Duisburg (Germany), Ansfelden (Austria), Preston Brook and Cambuslang (Great Britain). The company is particularly strong in transport to and from the UK. These services strengthen the opportunities for Neele-Vat customers.
Cuno Vat: “The businesses of Neele-Vat and Mammoet Ferry Transport complement each other well. We can now offer our customers an even more comprehensive service. And thanks to their new locations, they are well placed to expand our services internationally. So we can fulfill our ambitions to grow and remain competitive as a family business. “
Following the acquisition, Neele-Vat Logistics is a family owned business with 900 employees, 20 offices in 10 countries and 250,000 m² of warehouse space. The annual turnover reaches about EUR 300 million.
Mammoet Ferry Transport: Acquisition by Neele-Vat
23.12.2019Managing Director Krijn Torreman continues to hold a stake in the company; the employment relationships will remain unchanged