WHAT THE ANALYSTS SAY
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John Manners-Bell, CEO of Transport Intelligence, says K+N has had plans to expand its road operations for some time, and the deal fits in with its overall strategy.
“This is a very interesting deal. It will expand K+N’s European road freight volumes and help its strategy to become a major player alongside DHL and Schenker.
“It gives K+N the opportunity to increase its market share quite rapidly.
“RH Freight already has a strong European network, and its operations in Finland will also be of interest to K+N.
Mark O’Bornick, director, research and analysis at Analytiqa, says there is a double benefit to the acquisition of RH Freight for K+N.
“Not only does it mark the latest step in a fouryear-old strategy for K+N to grow its European groupage network, this high-quality investment will also considerably enhance K+N’s position as an all-round logistics provider in the UK,” he says.