Katoen Natie Trucking NV - Luithagen-Haven 9

This acquisition includes besides the warehousing also the value added logistic activities. Katoen Natie will also take over the 60 employees of the logistics center and the current contracts. All transport activities of Nijhof-Wassink and the five Volvo and Renault Trucks dealerships in Poland will remain active under the Nijhof-Wassink Group. The assets include a terrain of 25,5 hectares, 42 silos, 15.000 m² of outdoor storage space and 5 warehouses with a total covered space of 40.000 m². A repacking hall, an office and technical building are present as well. The main activities are storage, handling, transport, semi-industrial and value-added services for the (petrochemical) industry. The facilities are located in Kutno, Poland, strategically positioned next to the PCC intermodal terminal (250.000 TEU capacity) and nearby the junction of two main roads in Poland connecting North-South and East-West. The facilities are directly connected by rail to the main European Ports of Antwerp, Rotterdam, Hamburg and Gdansk/Gdynia. Katoen Natie has decided to expand the acquired facilities in the very near future; additional investments in warehouses with a total area of 16.000 m² and 42 additional silos for storage of polymers. The employees, work processes and facilities of the logistics center of Nijhof-Wassink in Poland are known as a reference in the market in terms of safety, reliability and high-quality services. In order to maintain this high-level standard, an agreement was reached that guarantees continuity, stability and growth for all stakeholders. With this acquisition the business unit Petrochemicals is significantly expanding its European network of import hubs. Katoen Natie considered Poland as a blind spot in the network. By filling this blind spot, Poland is now an extra asset to serve petrochemicals customers worldwide. The takeover typifies Katoen Natie's strategy to further expand its services for the (petro)chemical industry, both by investing in new installations and through acquisitions. The acquired company fits in perfectly with the existing Katoen Natie structure, both in terms of geographical location and core business. The integration of the new terminal into the existing Katoen Natie network will lead to greater efficiency and economies of scale, which will further improve the services to customers from all over the world. Katoen Natie strengthens herewith its position as global market leader in logistics for the (petro)chemical industry.