Innovation

Rhenus hands over road business operations in Bulgaria to Gebrüder Weiss

The Rhenus Group has sold its business operations at the locations of Rhenus Bulgaria OOD together with all employees to the international logistics company Gebrüder Weiss. The purchase agreement was recently signed in Sofia. Global customer requests will be realised in Bulgaria with partners in the future.

The acquisition by Gebrüder Weiss is subject to the approval of the antitrust authorities and the necessary approval procedures. It includes the locations in Sofia, Burgas, Svilengrad, Varna and Plovdiv in Bulgaria. It has been agreed not to disclose the purchase price.

Rhenus has been operating in Bulgaria for several decades with its own logistics terminals in the capital Sofia. It also has a distribution network with other branches in Plovdiv on the Thracian plain and in the port of Varna on the Black Sea. A range of different transport modes are available such as truck, ship, rail and air, covering everything from general cargo to heavy project-based cargo.

"We are very pleased to have found a long-standing partner in Gebrüder Weiss, who will successfully continue to run the Rhenus locations in Bulgaria with their employees," says Alexander Gechev, Managing Director of Rhenus Bulgaria. Even though Rhenus will withdraw from Bulgaria with its own road freight activities in the future, the logistics service provider will continue to realise global customer requests for transport and logistics services in the country with regional partners after the sale of the sites.