NETHERLANDS - Bencis invests in Rynart Transport

Rynart Transport is a Dutch company that was established in 1928 and which is run by the third generation of the Rynart family. It is a logistic service provider which operates from distribution centers in the Netherlands, Hungary, Turkey and Romania. With over 2300 employees, it generated revenues of EUR 95m in 2005.

Through investing in Rynart, Bencis has fulfilled its ambition to invest in the transport and logistic sector. Bencis regards the sector as highly attractive due to its low volatility in combination with market growth that is fuelled by an increasing outsourcing trend. The market is enormous in size but is still highly fragmented. Accelerating growth through mergers and acquisitions will therefore be an integrated part of the company's strategy. Rynart aims to further grow the business in its existing markets and explore opportunities in new markets. The management of Rynart will remain unchanged.

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• Topics
• Expansion
• Benelux
• Industrials