Rhenus buys barge firm

Rhenus Group has signed a purchase contract with OT Logistics Capital Group and the Carl Robert Eckelmann company to acquire a majority stake in inland water operator Deutsche Binnenreederei, for an undisclosed sum. Deutsche Binnenreederei has offices in Berlin and Hamburg and mainly operates on waterways in eastern German and Poland, mainly for container transport and dry bulk and heavy lift freight. Founded in 1949, the company has over 700 vessels ... [+]

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