January 7 - International freight forwarders R
Röhlig has taken full control of the joint venture firms in Singapore, Hong Kong, Thailand and India. Gebrüder Weiss has taken a 100 percent shareholding in Chinese, Taiwanese, Japanese, Vietnamese, Canadian and UAE operations.
Both joint venture partners will continue to share 50/50 ownership of Weiss-Röhlig USA. Despite the change in ownership, all of the companies will continue to trade under the Weiss-Röhlig banner.
"We have restructured our alliance. By doing so we have not only tightened our international cooperation with Gebrüder Weiss but have also ensured that each partner has full management control over its subsidiaries," explained Thomas W Herwig, managing partner of Röhlig.
Heinz Senger-Weiss, member of the Gebrüder Weiss management board, added: "For our clients, partners and staff there won't be any changes. We are continuing our successful cooperation as before and are offering the full portfolio of the established Weiss-Röhlig services."