Röhlig takes over 100% of Indian subsidiary
Bremen, November 13, 2014 (STAT):- The owner run logistics company Röhlig now holds 100 per cent of the shares of its subsidiary Weiss-Röhlig India. Röhlig already owned 65 per cent; now the company has
bought the remaining shares from the local owner. “India is one of the strongest expanding economies in the world. Weiss-Röhlig India is creating the structures needed to open up this promising market for our company,” said Jan Skovgaard, Röhlig CEO Asia/Pacific. In conjunction with the takeover, the management has been re-organized and the head office will move from Chennai to Mumbai in January to strengthen Weiss-Röhlig India’s position both in the Indian markets and in international business. Furthermore, the company has started to systematically expand sales and extend its international business. Weiss-Röhlig India owns nine offices countrywide with 117 employees. The headquarters of the company are located in Mumbai (from January).