Business, Forwarding, Freight News, Road

Rhenus buys road firm PSL

[ September 6, 2019   //   ]

Rhenus Logistics has acquired European road freight specialist, PSL Group.

Headquartered in Maldon, Essex, and with six additional offices across England, PSL Group adds an established Scandinavian service through the SkanTrans PSL brand, a European mainland distribution network and a 24/7 customs clearance operation in Dover.

Rhenus Logistics managing director David Williams commented: “The PSL Group acquisition is an important point of growth for the Rhenus UK portfolio”, and  would enable Rhenus to further solidify its place in the forwarding sector. He added: “The next few months will be a crucial time for both companies as new projects arise and the two teams begin working together.”

Managing director of PSL Group, John King, said: “Becoming part of the Rhenus group enables us to present new opportunities and services to our clients. With our joint experience, international contacts and expertise in road freight, there is significant scope for growth.”