Rhenus Logistics is acquiring Hungarian freight forwarder ITS Logistics Hungary KFT.
ITS Logistics Hungary KFT has been a long-time partner of Rhenus, collaborating on numerous projects and building a strong professional relationship. The acquisition marks the next step in the partnership, combining strengths, resources and expertise.
Based in Vecsés, just on the outskirts of the capital Budapest, ITS Logistics is mainly focused on airfreight forwarding services and Customs clearance operations. Sea freight, road freight and rail freight are also part of the service portfolio.
The move follows the integration of Croatian logistics provider Trans Integral as well as the expansion of its presence in the Latin American market, acquiring BLU Logistics and securing a majority share of LBH Group. Rhenus Logistics is acquiring Hungarian freight forwarder ITS Logistics Hungary KFT.
