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Press release Box-ID: 970985

Bertschi AG Hutmattstrasse 22 5724 Dürrenäsch, Switzerland http://www.bertschi.com
Contact Mr Beat Berner +41 62 555 69 65
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Bertschi AG

Bertschi invests in SBB Cargo alongside partner firms - more sustainability in freight traffic shall be realized

(PresseBox) (Dürrenäsch, )
As pioneer in sustainable transport concepts, Bertschi Group is setting new impulses in rail traffic markets. A joint venture of the Swiss logistics companies Planzer, Camion Transport, Galliker and Bertschi – acquires a 35 percent shareholding in the Swiss rail freight transport business SBB Cargo. The four family businesses intend to contribute to a successful development of SBB Cargo as well as to sustainable and environmental transport logistics.

In September 2018, the state-owned Swiss rail company SBB communicated its intention to identify partners for a minority investment in its rail freight business. SBB strives to shift the market positioning of SBB Cargo towards more entrepreneurship. Accordingly, SBB Cargo was positioned as independent group company within SBB Group on January 1, 2019.

The Swiss logistics firms Planzer, Camion Transport, Galliker, and Bertschi move significant volumes in the Swiss and international road and rail freight transportation markets. They have a mutual interest in a sustainable modal split between rail and road as well as in a competitive Swiss rail freight market offering. Therefore, the four companies decided to pursue an equity participation in SBB Cargo through the joint entity Swiss Combi.

The four family businesses plan to further improve competitiveness and profitability of SBB Cargo and, thereby, to positively contribute to a sustainable and environmentally friendly modal split in the freight traffic market.

SBB and Swiss Combi are convinced to be the right partners for the successful advancement of SBB Cargo. The 35 percent equity participation of Swiss Combi and the corresponding minority shareholder rights shall ensure a partnership-driven market development of the rail freight business. SBB will remain majority shareholder of SBB Cargo with a 65 percent stake. The Board of Directors of SBB Cargo will be constituted by three representatives of SBB, two representatives of Swiss Combi, and one independent Board Member.

Bertschi group, a pioneer in sustainable transport solutions, moves 80 percent of its European freight volumes via intermodal transport by rail. Bertschi plans to utilize its decade-long experience in intermodal transport to achieve positive development impacts for SBB Cargo as well as a sustainable modal split in Switzerland, in Europe, and worldwide. These plans shall further contribute to the achievement of challenging climate targets in freight transportation.

Closing of the transaction is subject to approval of the relevant antitrust authorities, foreseen to be granted in spring 2020. The parties agreed not to disclose the value of the transaction.

About SBB Cargo AG

SBB is market-leading in the Swiss cargo traffic market by producing roughly one quarter of the Swiss freight transportation output. SBB cargo accounts for almost 16% of this total and connects the various economic regions of Switzerland through its rail offering. SBB Cargo moves 29.8m net tons of cargo annually in wagonload traffic, company trains, and intermodal traffic offerings within Switzerland – equaling the tonnage of 10,000 full truck loads per day. SBB Cargo International AG is the leading provider of transalpine rail freight services through Switzerland, with a market share of 38.1%.

SBB Cargo generated revenues of 742m Swiss Francs in 2018. Its equipment fleet encompasses 5,324 freight wagons, 313 mainline locomotives, and 76 shunting locomotives. SBB Cargo was founded in 1999 as subsidiary of SBB and currently has 2’275 employees in its Swiss operations. The company is headquartered in Olten.

About Swiss Combi AG

Swiss Combi AG is a joint venture formed by the four Swiss logistics companies Planzer Holding AG, Camion Transport AG, Galliker Holding AG and Bertschi AG. Through a minority stake in SBB Cargo AG, the company strives to ensure a successful and competitive market offering in the Swiss rail cargo transportation market. Consequentially, the modal shift from road to rail shall be further accelerated. Outside Swiss Combi AG, the four logistics service providers will remain independent of each other.

Bertschi AG

The Bertschi Group is a global logistics service provider for the chemical industry specializing in liquids and dry bulk transportation. The family business, headquartered in Switzerland, was founded in 1956 and produces an annual turnover of 975 million Swiss Francs. The Group encompasses 3,050 employees working across 77 subsidiaries in 38 countries, providing high-quality logistics services and local customer support.

Bertschi operates a fleet of 35,700 tank and dry bulk containers, 1,100 trucks, and 30 container terminals. The company is market leader in European intermodal transportation of chemicals by rail, road, and waterway. Bertschi is furthermore one of the leading worldwide providers of tank container transportation and supplementary value-added logistic services for the chemical industry. Major subsidiaries of Bertschi outside of Europe are located in Shanghai, Singapore, Houston, Moscow, Sao Paulo, Dubai, Al-Jubail, and Istanbul.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.