Image: NUNNER

ING Corporate Investments invests in Nunner Logistics

ING Corporate Investments has acquired an interest in Nunner Logistics. This was announced by the companies, both based in the Netherlands, on Thursday. The investor wants to support the logistics provider in growing further, it stated.

ING Corporate Investments, the investment department of the Dutch bank, focuses on companies with a distinctive strategy. Though risk-bearing capital management, it enables companies to realise growth plans, the firm explained.

Motivation

“In the search for a strategic investor, we ended up at ING Corporate Investments because they have a hands-on approach and like to operate on a minority-interest basis. This is very appealing to me. The investment of ING Corporate Investments will enable us to continue our business in the coming years, and to move forward faster, both through organic growth and through acquisitions”, said Erwin Cootjans, CEO of Nunner Logistics.

Bart Toussaint from ING Corporate Investments added: “Nunner Logistics is already
an innovative outperformer on the European logistics market. We see the good growth opportunities for the company in the coming years and have a lot of trust in the vision and strategy of the management. We are convinced that we can play an important role with our knowledge, experience and network in the development of the company and bring Nunner Logistics to the next phase.

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Author: Majorie van Leijen

Majorie van Leijen is editor of RailFreight.com, online magazine for rail freight professionals.

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