Rhenus Group has acquired a 49.99% shareholding in Rietlanden Terminals B.V. (Rietlanden), which operates two terminals located at the Dutch Port of Amsterdam, from JERA Global Markets.
Rhenus said it will acquire the remaining 50.01% in 2027. Through this investment, Rhenus Group aims to strengthen its European network of ports and re-develop the terminals to cope with a future without coal.
Furthermore, Rhenus will expand its extensive portfolio of services in the Netherlands with port handling and storage of bulk commodities in the Port of Amsterdam through this investment.
“We are delighted to welcome Rietlanden Terminals to our already extensive terminal network in Europe. Joining forces with JERA Global Markets is a natural fit, as we clearly share the same values,” stated Michael Appelhans, managing director of Rhenus Ports.
JERA Global Markets will be Rietlanden’s controlling majority shareholder until 2027.
With the addition of Rietlanden in Amsterdam by 2027, Rhenus will double its capacity in terms of port terminal area in the Netherlands. “This investment will be an outstanding opportunity for future growth at the Port of Amsterdam and to further expand our presence in the Netherlands in addition to our multi-purpose terminals in Rotterdam,” said Peter van der Steen, managing director of Rhenus Port Logistics in the Netherlands.
Rietlanden operates two terminals specialising in bulk commodities such as scrap metal and coal, and also provides additional services ranging from inland waterway shipping to handling sea freight.