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As one of the leading logistics service providers in southern Germany, the Honold Logistik Group is continually expanding its range of services and resources. In the course of the further expansion strategy, Honold has taken over the logistics segment of the joint venture partner 17111 from Flensburg. The Honold Logistik Group is thus increasing its storage capacity in northern Germany by almost 10,000 square meters. With the takeover, the 17111 employees of the Flensburg Handewitt site were also integrated into the Honold Group.
Neu-Ulm, 29.12.2017. The logistics industry is constantly facing new challenges due to continuously increasing demand. In order to meet these demands, the Honold Logistik Group invests not only in new technologies, but also in new spatial and personnel capacities. For many years, Honold has maintained a joint venture for contract logistics in northern Germany with the traditional company 17111 from Flensburg. As part of its focus on core business, 17111 has divested of its shares in the joint venture. This has now been taken over by the Honold Logistik Group.
The takeover is another building block for Honold in the consistent expansion of its own storage capacities and logistics infrastructure. With its connections, the Flensburg-Handewitt site is a strategically important link in the distribution chain towards Scandinavia and Eastern Europe. The newly acquired logistics base enables the Honold Group to expand its logistics capacity in northern Germany in addition to its location in Hannover. At the same time, the storage area in northern Germany will be expanded by almost one hectare, which corresponds to the area of a soccer field. The administration and handling of the transports in Flensburg-Handewitt is handled by 20 employees who have taken over from the former joint venture 17111 from the Honold Logistik Group. About the purchase price, both parties have agreed to keep confidential.
The new Honold location in the north will be integrated into the group’s SAP-based high-tech logistics network. For Flensburg-Handewitt, too, the company claim that logistics must be green applies. As a result, sustainability will play a central role in the future as well as efficiency.
About Honold Logistics:
The Honold Logistik Group is one of the leading logistics service providers and real estate developers in Southern Germany and intends to play a leading role in the aviation and high-tech logistics sector over the medium term. The family-owned company Honold is present at 22 locations and has a total storage area of over 75 hectares. More than 1,200 employees work daily to ensure that general cargo, food, military goods, tires and medical equipment safely reach their warehouse or destination. With its SAP-based infrastructure, its own truck fleet, the Honold Group sets industry standards. The green signal color of the company reflects its own demands on sustainability and efficiency.
Additional information: www.honold.net