Sodrugestvo Group has increased its railcar and grain hopper park with the acquisition of Balt-Trans, Russia’s second largest player in this field. Founded in 2009 by a group of private investors, Balt-Trans contributes 1,875 grain hoppers and 102 boxcars to the Group logistics operations, already consisting of Trans-Agro, a railcar owner, operator and freight forwarder.
Combined, the company now owns a total of 2,225 grain hoppers and 102 boxcars and leases 80 vegetal oil cars on a long-term basis. Sodrugestvo was the company's largest customer prior to its purchase. The Group has received all required regulatory approvals for the transaction.
Controlling own logistics
"By combining Balt-Trans' holdings with our existing Trans-Agro operations, Sodrugestvo is now able to fully control its logistics chain inside Russia," said Stephane Frappat, CEO of Sodrugestvo Group. Sodrugestvo Group, founded in 1994, is a rapidly growing agro-industrial company serving global markets.
The company is vertically integrated with three business units - specialized infrastructure (including deep-water sea ports), logistics (including railcars and storage facilities) and processing facilities (for the production of proteins and oils from vegetal and animal commodities). Read more...
This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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