Rhenus Freight Logistics France and Sernam, one of the largest express parcel operators in France,have signed an international partnership agreement to expand their service range and strengthen the
network of both companies.Under the agreement, Sernam will offer a new service for standard pallets in and from morethan 30 countries relying on the global network of Rhenus and its 230 locations.
Besides this geographical expansion of its services, Sernam will also profit from theexperience of its partner in terms of transportation and logistics, especially in Germany, Benelux,Spain and Eastern Europe where Rhenus has a very strong market position.
“We have decided to cooperate with Rhenus Freight Logistics to win new markets and provide anew European standard solution,” said Sernam CEO Philippe Chevalier after the contract was signed.
At the same time, Rhenus Freight Logistics will benefit from Sernam’s extended andstate-of-the-art distribution network in France which is the result of an effective investmentprogramme in 2003. Moreover, Rhenus will have access to Sernam’s know-how in multimodal transportwhich enables it to use the flexibility of road transport and the reliability of rail transport inan optimal way.
“The geographical distribution of Sernam’s 55 branches and the diversity in terms of road orrail are real assets that correspond exactly to our current needs. Through the combination of ourstrengths with those of Sernam, Rhenus Freight Logistics France can further increase the servicelevel for its international customers and partners,” said Tobias Bartz, the managing director ofRhenus Freight Logistics France.
With a turnover of €3.3 billion, the Rhenus Group is among the leading European logisticsservice providers, and employs 15,000 staff.
Offering a wide range of express and standard services, Sernam has a national network of 55branches four of which are multimodal hubs and 2.100 employees. In 2008, the company has generated€371 million in turnover.
In January 2007, Sernam sold a majority stake of 51.8% to Paris-based financial investorButler Capital Partners after generating a loss of €22 million on revenues of €350 million in 2006.
