Nurminen Logistics Plc acquires Essinge Rail AB, expanding its railway network and service offering in Europe
Acquiring Company
Nurminen Logistics Plc
Acquired Company
Essinge Rail AB
Description
Finnish logistics company, Nurminen Logistics Plc, has completed the acquisition of Swedish railway logistics company, Essinge Rail AB. This strategic move strengthens Nurminen's position in the railway logistics market, expanding its network and service capacity to meet the growing demand for low-emission rail transport in the Nordic countries and Continental Europe. The acquisition aligns with Nurminen's internationalization and growth strategy, reinforcing its commitment to providing sustainable and competitive railway services.
Quick answer
Nurminen Logistics Plc is acquiring Essinge Rail AB, announced November 11, 2024. Nurminen Logistics Plc is based in Helsinki, Uusimaa, Finland.
- How much did Nurminen Logistics Plc pay for Essinge Rail AB?
- The deal value was not disclosed.
- What does Nurminen Logistics Plc do?
- Nurminen Logistics is a listed company established in 1886.
- Where are Nurminen Logistics Plc and Essinge Rail AB based?
- Nurminen Logistics Plc is based in Helsinki, Uusimaa, Finland. Essinge Rail AB is based in Stockholm, Stockholm County, Sweden.
- Who are the decision-makers at Nurminen Logistics Plc?
- Fundz holds 1 contact at Nurminen Logistics Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- DFDS AS completes acquisition of Turkish company to expand its shipping and logistics operations (November 15, 2024)
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- DSV raises $5.5 billion for acquisition of Schenker to become world's biggest logistics company, $5.5B (October 4, 2024)
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When Nurminen Logistics Plc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Essinge Rail AB?
Essinge Rail AB was acquired by Nurminen Logistics Plc, based in Helsinki. The deal was reported on November 11, 2024. Nurminen Logistics is a listed company established in 1886. The company provides its customers high-quality international rail and multimodal services, forwarding and cargo handling, and project transport services. Nurminen Logistics Plc is privately held and operates in Transportation.
When did Nurminen Logistics Plc acquire Essinge Rail AB?
Nurminen Logistics Plc's acquisition of Essinge Rail AB was reported on November 11, 2024. Finnish logistics company, Nurminen Logistics Plc, has completed the acquisition of Swedish railway logistics company, Essinge Rail AB. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Essinge Rail AB do?
Essinge Rail AB is a Swedish railway logistics company that specializes in providing Less than Container Load (LCL) service in Europe, focusing on low-emission rail transport for smaller shipments. It is privately held, operating in Transportation, and is based in Stockholm.
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