Press Release

Press Release
Rhenus invests in railway traction and acquires a
holding in Crossrail AG
Monday, 22 December 2014
The Rhenus Group is extending its activities in the railway freight business.
The logistics services provider signed the contracts to take over the
majority holding in the Crossrail AG private railway company on 22
December. Provided that the anti-trust authorities in Europe approve the
measure, Rhenus will acquire 50.1 percent of the shares. Both Rhenus and
Crossrail AG have coupled growth targets to their holdings.
“Crossrail has managed to develop successfully in a tough market environment
during the last few years. The company with its range of traction services right
across Europe will provide an ideal complement to our railway activities in the form
of Rhenus Rail St. Ingbert and Niederrheinische Verkehrsbetriebe NIAG,” says
Michael Viefers, a Member of the Rhenus Board, commenting on the decision to
take a holding in Crossrail AG.
The private railway company, which has its headquarters in Muttenz near Basel,
has specialised in offering trans-Alpine services between Italy, Germany, Belgium
and the Netherlands. Crossrail AG has business centres in Italy, Germany, the
Netherlands, Belgium and Switzerland.
“As a family-managed business, Rhenus offers us a stable and reliable basis for
long-term growth. With its experience in industry, its multi-modal capacity and its
network involving all modes of transport, we believe that we’ll be able to work
together in a profitable manner. Working together, we’d like to consolidate road,
waterway and railway services to an even greater degree,” says Jeroen Le Jeune,
CEO of Crossrail AG.
The current shareholders LKW WALTER, Hupac, Le Jeune Capital Partners,
Bertschi and MSC will continue to maintain their holdings in Crossrail AG. The
company headquarters, the management team and the firm’s name will remain
unchanged. The parties have agreed not to disclose the purchase price of the
Rhenus SE & Co. KG
Verena Schäfers
Corporate Communications
Rhenus-Platz 1
59439 Holzwickede
Germany
holding.
Tel: +49 (0)2301 29-1862
Fax: +49 (0)2301 29-1215
[email protected]
www.rhenus.com
Press Release
About Rhenus
The Rhenus Group provides logistics services around the globe and has
annual turnover amounting to EUR 4.1 billion. Rhenus employs over 24,000
people at more than 390 locations worldwide. The Rhenus business areas –
Contract Logistics, Freight Logistics, Port Logistics and Public Transport –
manage complex supply chains and provide a wealth of innovative valueadded services.
Press contact details for the Rhenus Group
Medienbüro am Reichstag GmbH
Felix Zimmermann
Reinhardtstrasse 55
10117 Berlin
Tel.: +49 163 3000 661
Fax: +49 30 30 87 29 95
Email: [email protected]