Faber Halbertsma Group takes over PAKi Logistics the German service
provider for standardised load carriers.
Faber Halbertsma Group, Europe’s biggest
pallet producer and second largest pallet pooling company, today announced
the acquisition of PAKi Logistics, the market leader in the pooling of
standardised load carriers. Through this acquisition, the family business,
based in Eck en Wiel in the Netherlands, strengthens its position in the
European market. The acquisition also marks a major milestone in the
international growth ambitions of FHG.
PAKi Logistics, based in Ennepetal, Germany, has for over 35 years been
organising – along with more than a hundred specialists, 10,000 pooling
stations and more than two million pallets, boxes and plastic load carriers
– logistic services in the whole of Europe. Using the latest web-based
technology, PAKi Logistics ensures that its customers in industry, trade and
transport easily have the right quality load carrier quickly available in
the required quantity at the right time in the right location. The company
has a growing annual turnover, which in 2011 was around 40 million Euros.
Faber Halbertsma Group re-branded FHG
Faber Halbertsma Group completed the acquisition under a new name, FHG,
covering all subsidiaries of the group. As a result, PAKi Logistics will be
re-branded FHG PAKi. The re-branding of the whole group will reinforce FHG’s
market position as a full-line supplier. FHG sells, hires, repairs and
trades pallets and can, depending on the supply chain in which a customer
operates, offer a full combination of products and services. In future, all
subsidiaries will be recognised by the new FHG logo.
Companies complement each other
Ingrid Faber, CEO of FHG, said: “The takeover of PAKi Logistics is a major
step forward in our ambitious growth strategy of further expanding and
strengthening our European network. The pooling activities and the expanded
network of PAKi Logistics in the European market are a complementary
addition to the international pooling activities of FHG. It allows us to
offer our full-line services on a wider scale.”
Christian Kühnhold, CEO of PAKi Logistics, said: “We are delighted that the
future of PAKi Logistics is secured long-term. This acquisition by FHG sees
the retention of the current management of PAKi Logistics, and allows us to
offer our services to a substantially wider market. As our products and
services are complementary to those offered by FHG, the enlarged group will
be in a stronger position going forward.”
Following the acquisition, Christian Kühnhold will immediately join the
management team of FHG.
www.fhg.nl