Katoen Natie acquires the warehousing activities of Nijhof-Wassink in Poland
The business to be acquired includes a terrain of 25.5 ha, 42 silos, 15,000m² outside storage and 5 warehouses with a total of 40,000m² covered space. A repacking hall, office building and technical building are present as well. All machinery and other equipment, directly linked to and used for operating the facilities are part of the acquisition.
All assets, contracts and personnel of Nijhof-Wassink and related to the acquired business will also be transferred to Katoen Natie at a time yet to be determined.
Katoen Natie has decided to immediately expand the acquired facilities with additional warehouses with a total surface of 16,000m² and 42 extra silos in the very near future.
Staff, processes and facilities of the warehouse activities of Nijhof-Wassink in Poland are known to the market and are a guarantee in terms of safety, reliability and high quality service. The warehouse activities of Nijhof-Wassink have grown very rapidly, which is why they have looked at how they could further expand their storage and transshipment facilities.
In its endeavor to serve the rapidly growing market, Nijhof-Wassink planned some major investments. During this process Katoen Natie, a very well-known and global player in the market came in the picture. With Katoen Natie expressing its ambitions in Poland, both parties discussed the possibility of a takeover. Since Nijhof-Wassink and Katoen Natie are companies with a similar culture and view on business operations an agreement was easily reached guaranteeing continuity, stability and growth for all stakeholders.
The acquisition only applies to the Logistics Centre in Kutno, Poland. All transport activities of Nijhof-Wassink as well as the five Volvo and Renault Trucks dealerships will continue to operate under the Nijhof-Wassink Group. With more than 400 employees on the payroll locally, Nijhof-Wassink remains an important business partner and employer in Poland.
Key figures of the deal:
• Total surface: 254,868m²
• Warehousing facilities: 40,000m²
• Outside storage: 15,000m²
• Silos: 42 (11,000m³)
• Employees: 60
• Warehousing, handling, transport and semi-industrial services for the petrochemical and chemical industries
• Loading, unloading and treatment of (petro-)chemical products (powders, granulates)
• Packaging and re-packaging of solids
The acquired business is a perfect fit to the existing Katoen Natie structure, both in terms of geographical location as in terms of core activity. The integration of the new terminal in the existing Katoen Natie network leads to increased efficiency and economies of scale, which will further improve the services delivered to customers from all over the world.
The takeover typifies the strategy of Katoen Natie to further increase its services for the chemical industry, both by investing in new installations as by acquisitions (consolidation).
With the acquisition of Nijhof-Wassink’s warehouse activities in Poland, the Business Unit Petrochemicals is expanding its European network of import hubs considerably. The management of Katoen Natie considered Poland to be a blind spot in the network. By filling this blind spot, Poland is from now on an extra asset to serve the Petrochemical customers even more.
The facilities are located in Kutno, Poland which is strategically positioned next to the PCC intermodal terminal (capacity of 250.000 TEU) and nearby the junction of the two main roads in Poland which connect North-South and East-West.
The Polish facilities are in direct rail contact with the leading European ports of Rotterdam, Hamburg, Gdansk/Gdynia and Antwerp. With an extensive package of warehousing facilities, a high level of service and a strong international transport network, the Kutno terminal has everything to offer to optimize our customers’ logistics chain.