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29 November 2015 The on-line newspaper devoted to the world of transports 06:14 GMT+1

June 26, 2012

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Original news
The Steinweg Dutch acquires the control of the logistic group South African Shipping Bridge

To December the company of Rotterdam had bought the Nomad Freight di Johannesburg

Terminalista group Dutch C. Steinweg - Handelsveem BV has bought 63.9% of the capital stock of the Bridge Shipping (Pty) Ltd., one of the main private logistic groups of the South Africa. The news agency “Bloomberg” has announced remembering that 14th December Steinweg had acquired another society of Johannesburg: the Nomad Freight (Pty) Ltd., shipment house that is renamed C. Steinweg Nomad Freight (Pty) Ltd.

As a result of the transaction the bank group South African Bank Standard has reduced own participation in Shipping Bridge from 36% to 17% and will yield its quota remaining within next the three years. Moreover Steinweg has acquired titles of the Shipping Bridge stopped from the RRL Investments (group Solethu Investments), shareholder of the logistic company with 22.4% of the capital.

We remember that in Italy the Steinweg group is present through the terminalista society Genoa Metal Terminal (GMT) with center to Genoa.

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