Yusen Logistics Co. Ltd.
Yusen Logistics Co. Ltd.
05/02/2024 | Press release | Distributed by Public on 05/01/2024 20:14
Yusen Logistics (Benelux) B.V. Successfully Completes Acquisition of Parts Express B.V.: Closing Marks New Era of Logistics Growth and Opportunity
Press Releases
Yusen Logistics (Benelux) B.V. Successfully Completes Acquisition of Parts Express B.V.: Closing Marks New Era of Logistics Growth and Opportunity
May/02/2024
Yusen Logistics (Benelux) B.V., a leading logistics solutions provider in the Benelux region, is delighted to announce the successful completion of its acquisition of Parts Express B.V., a distinguished company specializing in day and night distribution services for automotive parts in the Benelux countries.
With the closing of this transaction, Yusen Logistics (Benelux) B.V. welcomes Parts Express B.V. into its esteemed family, marking the beginning of a new era filled with growth, opportunity, and enhanced service offerings for customers both within and beyond the Benelux countries.
"We made it! And we're excited to officially welcome Parts Express into the Yusen Logistics family," said Bruno Jacques, Managing Director of Yusen Logistics Benelux and Germany. "This acquisition represents a strategic milestone for us, propelling us into a new phase of expansion and innovation. By integrating Parts Express into our network, we're not just expanding our reach; we're accelerating our growth trajectory and amplifying our capabilities to better serve our customers."
The acquisition of Parts Express signifies a significant leap forward for Yusen Logistics (Benelux) B.V. and its customers. By combining forces, the companies are poised to unlock numerous of opportunities for growth and operational excellence. With access to a broader range of resources and expertise, customers can expect an elevated level of service quality and reliability.
"Joining forces with Yusen Logistics opens up a world of possibilities for our team and customers," remarked Norbert Van Duuren, General Manager of Parts Express. "Together, we're empowered to deliver value and service excellence to our customers, not only in the Benelux region but also beyond. This marks the beginning of an exhilarating journey, and we're thrilled to be at the forefront of it."
With a shared vision of excellence, Yusen Logistics (Benelux) B.V. and Parts Express B.V. are poised to redefine the logistics landscape and set new standards of performance in the industry.
About Parts Express
Parts Express B.V., established in 1892, stands as a cornerstone in the distribution logistics landscape for automotive parts in the Benelux countries. With operations spanning five branches in The Netherlands (including two owned facilities) and four branches in Belgium (including one owned facility), Parts Express B.V. operates with a workforce of 127 dedicated employees. The company maintains a robust fleet of 28 owned trucks and trailers, supplemented by approximately 200 daily charters, facilitating the handling of over 1 million shipments annually. With a diverse customer portfolio, including European, US-based, Japanese, and Korean clients, Parts Express B.V. prides itself on offering balanced services, with 49% of shipments handled during the day, 42% during night distribution (INSe), 6% as same-day express deliveries, and 3% involving warehousing solutions. As a 100% family-owned company, Parts Express B.V. remains committed to delivering exceptional service and reliability in the automotive logistics sector.
About Yusen Logistics
Yusen Logistics Co., Ltd. was founded in Tokyo in 1955. With over 25,500 employees at more than 680 locations in 47 countries and regions worldwide and over 2.9 million square meters of warehouse space, Yusen Logistics is one of the global market leaders in logistics sector. Its service portfolio ranges from supply chain management and consulting to contract logistics, hazardous materials logistics and reverse logistics. As a lead logistics provider, Yusen Logistics handles all of its customers' logistics processes. In the area of transport, Yusen Logistics covers all transport requirements: Air and sea freight, rail and road transport, intermodal and multimodal transport solutions as well as customs clearance - nationally and internationally.
Yusen Logistics Co., Ltd. is a member of the Japanese Nippon Yusen Kabushiki Kaisha Group, also known as NYK - one of the oldest and largest shipping companies in the world (founded in 1885). The group is listed on the Tokyo Stock Exchange, has a total of 35,500 employees and generates an annual turnover of around 20 billion US dollars.
Press contact:
Anneke van der Wilt
Marketing Manager Europe
[email protected]
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