Rhenus takes majority stake in Pro-Log

Rhenus AG & Co. KG has signed an agreement with the Pro-Log Group based in Asia to acquire a majority shareholding in the group. Rhenus said the move will enable it to further consolidate its own network in Asia. “In the past we did not have our own independent services in the air, ocean and […]


Rhenus AG & Co. KG has signed an agreement with the Pro-Log Group based in Asia to acquire a majority shareholding in the group. Rhenus said the move will enable it to further consolidate its own network in Asia. “In the past we did not have our own independent services in the air, ocean and distribution divisions in South and Southeast Asia,” said Uwe Oemmelen, a member of the Rhenus Board. Rhenus will fully take over the Pro-Log business locations in China and Hong Kong and “we will then have a much stronger Rhenus Logistics Asia-Pacific Ltd as a result,” he added. The Pro-Lo g Group primarily operates in South and Southeast Asia and has its own companies in Singapore, the Philippines, Malaysia, Thailand and India. The company has been a partner for Rhenus Freight Logistics, particularly in the air and ocean divisions, in the past. Pro-Log has been handling significant transportation volumes between Europe and South/Southeast Asia for some years. “Through the Pro-Log Group we will also obtain expertise in the third-party logistics field in Asia. As a result, we will be able to offer our customers more comprehensive services there,” he added.