The Interfracht Group will be seamlessly integrated into Swiss company Rhenus Alpina AG, with retroactive effect from 1 January 2020.
Basel, 31 January 2020
Rhenus Alpina AG and Switzerland's Interfracht Group announced jointly today that Rhenus will be taking over all areas of the Interfracht Group with effect from 1 January 2020. The transaction involves all legal and operational entities of Interfracht Speditions AG, Interfracht Logistik AG, Interfracht Overseas Ltd and Intertruck GmbH.
The family-owned company Interfracht, which was founded in the 1960s, operates as a global freight and logistics group. The Board of Directors is delighted to have a found a partner in Rhenus Alpina AG who will secure the future of all of Interfracht's divisions. The name Interfracht will be kept until further notice.
The service offerings of Rhenus Alpina AG and the Interfracht Group complement each other perfectly. The Rhenus Group has a strong global presence with a particular stronghold in Asia and provides a comprehensive range of service along the supply chain. This opens up new growth for the Interfracht Group. As a CargoLine member, Interfracht also has access to a highly efficient, European overland transport network, enabling services in Rhenus’s road business in Switzerland to be strengthened and expanded. Moreover, both partners have a similar corporate culture.
“This acquisition enables Rhenus to expand its service offering further and strengthen its market presence. It's a win-win solution for everyone involved,” says Andreas Stöckli, CEO of Rhenus Alpina AG The existing service offering of the acquired Interfracht Group will be continued in its entirety.
Rhenus Alpina AG will retain all 211 employees of the purchased company. “It was important to us to find a solution that offers our employees attractive long-term prospects,” explains Roger Hermkes, Chairman of the Board of Directors of the Interfracht Group.
The Rhenus Group is one of the leading global logistics service providers, with annual turnover of EUR 5.1 billion. Rhenus has 31,000 employees based at 660 locations. Throughout the supply chain, the Rhenus Group provides solutions for a wide range of industries, including multimodal transportation, storage, customs clearance and innovative added-value services.
The Interfracht Group comprises a number of companies, and is an owner-managed, international freight and logistics company with over 200 employees. The company was founded in 1965 and has its head office in Pratteln. Interfracht Speditions AG is the official partner of the CargoLine Network in Switzerland and offers daily scheduled services within Europe. In Asia, it has its own offices in China and Vietnam.
Rhenus Alpina AG
Claudia Bracher Wolfensberger
Head of Public Relations
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