Herchenbach acquires ZVG's rental pool and strengthens its position as one of the leading providers of warehouse and logistics solutions in Europe
This acquisition further expands Herchenbach's strong position in the field of warehouse and logistics solutions in Europe. At the same time, Herchenbach is actively driving consolidation within the industry.
“This acquisition is of high strategic value, as ZVG is a provider specialized on aluminum, rental and industrial customers. With this acquisition, Herchenbach is accelerating its ambitious growth trajectory in Europe. In this context, we are constantly evaluating synergy and consolidation potential in the market”
(Till Bossert, CEO Herchenbach).
With the acquisition of ZVG's attractive rental pool, Herchenbach also gains access to additional industrial customers, strengthens its product portfolio, and sharpens its profile as a specialist for the industrial sector.
“We are constantly analyzing current market developments and the individual requirements of our customers to further develop our product portfolio. With this acquisition, Herchenbach is strategically expanding its product and industrial customer portfolio, which underlines our ambition to be the partner of choice for European industrial customers”
(Nektarios Apostologlou, CEO Herchenbach).
With the closing of the transaction, ZVG has exited from the operational business of temporary warehouses. With Herchenbach, ZVG's former customers will be supported by one of the leading full-service providers of fast, flexible and sustainable warehouse space in Europe. Herchenbach will seamlessly build on ZVG's successful history, its promise of highest quality, and its consistent customer-oriented commitment.
About Herchenbach
Herchenbach Industrial Buildings is one of the leading providers of storage and logistics solutions in Europe. Its customers are DAX-listed companies as well as medium-sized enterprises. With its 100-year history, the company combines the values of a traditional company with the flexibility of a start-up. Herchenbach can draw on the expertise gained from thousands of successfully realised warehouse construction projects. The in-house engineering department is continuously developing the lightweight hall product.