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TORONTO: March 18, 2019. The Rhenus Group has acquired Canadian logistics company Rodair International subject to regulatory approval. Terms of the sale were not disclosed.

Founded in 1996, Rodair provides freight forwarding, Customs brokerage, warehouse/distribution and 3PL services in market verticals including automotive, fashion, mining and project forwarding.

Rodair Best managed company award winner 2019“The acquisition of Rodair Group marks an important step for Rhenus in establishing a network in Canada,” commented Rhenus CEO Air & Ocean Americas Jörn Schmersahl. “Rodair’s entrepreneurial and family-oriented history and conviction to the same values will make an important contribution to the ongoing growth of the Rhenus Group. Combined with a strong focus on customer relations, we are gaining experienced employees with local expertise for the global operations of [Rhenus] air and ocean business.”

The acquisition coincides with Rodair being recognised as one of Canada’s Best Managed Companies 2019 in a programme sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business and TMX Group.

The award, now in its 26th year, acknowledges best-in-class Canadian-owned and managed companies with revenues over C$15 million that demonstrate strategy, capability and commitment to achieve sustainable growth.

Asked to comment on the award and the Rhenus acquisition Rodair CEO Jeff Cullen responded: “This is a testament to the efforts of all our stakeholders who all appreciate that this is part of our continued journey, and not a final destination. I am honoured to be on this incredible journey with some truly amazing people! Prosperity for All is who we are.

“Being integrated into the Rhenus Group enables us to become part of an entrepreneurial global enterprise with depth expertise and passion which offers us the best prospects for long-term and sustainable development,” he continued.

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