Thursday , 25 May 2017
Latest News

Ruscon acquires logistics company SLG-Operating

Container transport company Ruscon has acquired Smart Logistics Group-Operating (SLG-Operating), a Russian logistics firm offering warehouse and logistics services.

Vladimir Bychkov, CEO of Ruscon, said: “This acquisition is a significant step for our business into the wider logistics market.”

“SLG-Operating has unique expertise in operating A-class warehouse complexes and is a well-known brand in the logistics sector,” he added.

SLG-Operating has a 60,000 sq m complex at Chekhov City, near Moscow, with a capacity of more than 85,000 pallets, including climate-controlled sections.

The company’s customers include the likes of Microsoft, Pepsi, Danone, Castorama, Kimberly-Clark, Haier and Cargill.

The acquisition is part of Ruscon’s strategy to expand its services in the transport and logistics sector.

This will enable it to “offer the expertise and experience which the Russian import and export market increasingly needs”, noted a company statement.

Ruscon has previously announced a strategic target of doubling its container throughput and tripling revenue over the next five years.

It aims to achieve this through consolidation of its vertically-integrated systems to “enable seamless delivery of containers to any destination in Russia and worldwide”.