Rhenus Logistics acquires PSL Group
Rhenus Logistics has acquired PSL Group, a European road freight specialist, in a move that further strengthens Rhenus’ offering. With a head office in Maldon, Essex (UK), and six additional offices across England, PSL Group seamlessly complements the current Rhenus network, allowing it to maximise its UK and international freight capabilities.
The additional locations also bring an increase in freight volumes, facilitating faster growth and providing a unified approach to both businesses. PSL Group’s portfolio adds an established Scandinavian service through the SkanTrans PSL brand, high volumes of European mainland distributions and a 24/7 customs clearance operation in Dover. This further strengthens the company’s market position at a time of uncertainty around Brexit.
David Williams, managing director of Rhenus Logistics Limited, comments: "The next few months will be a crucial time for both companies as new projects arise and the two teams begin working together." (mw)