Natco GmbH and NPT Brasil Projetos & Transportes Internacionais have been taken over by Trans Global Projects Group. Kuehne + Nagel has acquired Indonesia’s Wira Logistics
On 1 October, UK-based Trans Global Project Group (TGP) bought Germany’s Natco GmbH for an undisclosed sum. The purchase gives it control of Natco’s German operations, as well as a majority stake in NPT Brasil Projetos & Transportes Internacionais LTDA (NPT). The two companies will retain their own brand names for now, but will gradually be integrated into TGP’s global operations.
TGP’s CEO for Europe, Joerg Roehl, said that the company was particularly pleased to have acquired project management operations in Germany and Brazil. He added: “We’re not only continuing with our growth strategy, but are also further enhancing our group portfolio with the addition of strong and competent partners.”
Natco GmbH, which is based in Bremen, will continue to be managed by Christian Hager, who will also run TGP Germany. Marco Bregoli will remain in post as NPT’s managing director in Brazil, where NPT has hubs in the country’s two biggest cities: Sao Paolo and Rio de Janeiro.
The acquisitions follow TGP’s recent decisions to set up its own subsidiaries in Dalian and Shanghai in China, plus Istanbul in Turkey. TGP CEO Colin Charnock said that the main focus of the Chinese operations will be on “serving the export market from China for heavy equipment and machinery for the oil and gas, mining, power and renewables industries to project locations worldwide”.
The logistics operations and distribution network of Kuehne & Nagel has had its own nationwide warehousing and distribution network in Indonesia since 1992. It has had a strategic partnership with Wira Logistics, but the Indonesian firm’s operations will now be integrated into its new parent company’s global network.
In a statement, Kuehne & Nagel said that Indonesia’s “burgeoning middle class is driving increased purchasing power making it an important consumer market for many companies”.
Wira Logistics offers air freight, ocean freight, supply chain, project logistics, warehouse and distribution, and chartering solutions from 15 offices across Indonesia. Its warehousing and distribution services are based at Port Klang, while it is a government logistics provider, charters vessels and supplies low loaders and lifting cranes services.
Gianfranco Sgro, the member of the managing board of Kuehne + Nagel International AG with responsibility for contract logistics, said that Indonesia was one of the most important Asian markets for his company’s contract logistics. He commented: “Indonesia is arguably the most important internet market in South East Asia in terms of its sheer size, emerging middle class and digitally savvy population.” He added: “With this acquisition we can leverage our global eCommerce strategy.”