The Coronavirus (COVID-19) pandemic has led to unprecedented disruptions to the growth of global supply chain. European countries, especially Spain, have been heavily affected by this outbreak. The Spanish Government has taken several measures to mitigate the impact of COVID-19.
The European Central Bank (ECB), is a central bank of the 19 European Union countries, has decided to provide monetary policy support through additional asset purchases of approximately $129 billion until end-2020 under the existing program (APP). The legislation includes measures that address health and the economy at large, with a particular emphasis on the tourism industry, small and medium size enterprises (SMEs).
During COVID-19, pandemic Clarkson subsidiary Clarkson Overseas Shipbroking has acquired Martankers and Rhenus Logistics acquires LTK. Details are featured below:
Clarksons has acquired Martankers
Clarkson Overseas Shipbroking, a subsidiary of Clarkson PLC in the maritime goods transport sector, has acquired 100% of the issued share capital of the Spanish company Martankers, an intermediary specializing in the maritime transport of bulk chemical and gas products. Founded in 1852, Clarksons is one of the largest shipbroking companies in the world, and offers end-to-end services in maritime transport, logistical support, market research, investment banking and project funding on a global scale.
Martankers was created in 1989 by Isabel Pons and Arnold des Arts, two industry experts with longstanding experience. Since then it has focused on European markets, while also maintaining a strong position globally. In 2014, on the company’s 25th anniversary, Pons announced her retirement and left the company in the hands of Francisco Pascual and José Antonio Leira.
Andi Case, CEO of Clarkson, commented: We believe this acquisition will provide an established opening for Clarkson in Spain and bring enhanced growth opportunities. It will help us gain share in the bulk chemicals and gas markets, strengthening our global market leading position. We are excited to announce this deal, and look forward to working with the experienced team at Martankers, combining forces of expertise to deliver to our clients an enhanced service.
Rhenus Logistics acquires the Spanish operator LTK
The Rhenus Group has concluded an agreement for the purchase of the Madrid-based Spanish logistics operator LTK, which has operational centers in Álava, Seville and Cadiz. This acquisition gives the German company access to a new market in the aeronautics sector.
LTK specializes in logistical solutions for the aerospace industry and the automotive sector. Founded in 2002, it has over 26,000 square meters of warehouse capacity. Its main clients include the Airbus Group and Alestis Aerospace. Specifically, it has worked since 2004 in its Cadiz and Seville centers to supply the Airbus production plants.
Rhenus Logistics has also transferred its Madrid platform to one of the most important industrial centers in the region, the Barral logistics park in San Fernando de Henares. The 35,000 square-meter facilities will become Rhenus’s operational center in Madrid, with tasks such as international and domestic shipping, distribution, cross docking, picking and packing. The location was chosen due to its proximity to some of the main highways in Madrid and its connection with railroad loading infrastructures and with Madrid’s Barajas Adolfo Suárez Airport.