Hellmann Worldwide Logistics will acquire overnight express provider Innight Express as it aims for expansion in central and eastern Europe.
The express firm is based in Hungary and Romania and the two shareholders, Tamás Aradi and Zoltán Csombok, will continue to manage the company as co-managing directors.
Innight was founded in 2004 in in Törökbálint, Hungary — 15 km west of Budapest — and primarily serves the automotive and agricultural industries.
For the past eight years, the company has been represented on the Romanian market by its subsidiary Innight Romania Express in Ciorogârla.
“By expanding our overnight-express services into Eastern Europe, we are taking another important step in our expansion strategy, which we have been executing upon since the beginning of the year, with initiatives such as the acquisition of Hellmann East Europe and the joint venture of Rhenus & Hellmann,” said Jörg Herwig, chief operating officer road and rail at Hellmann Worldwide Logistics.
“The acquisition of Innight Express gives us access and a presence in two attractive emerging countries in the Eastern European overnight-express market. We are pleased to be able to take on all 74 employees as part of the Innight Express acquisition,” added Wilfried Hesselmann, chief operating officer courier, express and parcel at Hellmann Worldwide Logistics.