Press Releases

pfenning group takes over pharmaceutical logistics company LOGOSYS

Acquisition strengthens logistics offering and expertise for the pharmaceutical industry

Heddesheim/Darmstadt, 21 May 2024

The pfenning group is expanding its service portfolio with the strategic acquisition of pharmaceutical logistics group LOGO-SYS from Darmstadt. The transaction was completed with retroactive effect from 1 January 2024, with a 100 percent stake. The pfenning Group is thus taking a further step in its growth strategy and expanding its service and industry portfolio, as LOGOSYS is a renowned logistics group with many years of expertise in highly specialised logistics solutions in the pharmaceutical, healthcare, cosmetics, care products and chemicals industry segments.

The LOGOSYS Group consists of three companies with the units Logistics, Forwarding and Personnel Services, all of which specialise in supply chain services for the pharmaceutical and chemical industries. The company’s long-standing clients include well-known pharmaceutical and healthcare companies, for whom it carries out warehouse logistics, packaging, order picking, transport and distribution to retailers and end customers. With around 250 employees at 3 locations in the Rhine-Main region, over 60,000 m² with more than 100,000 pallet spaces and its own fleet of vehicles, LOGOSYS is an ideal addition to the pfenning world. The specialist also has a comprehensive quality management system with the necessary certifications and authorisations for pharmaceutical logistics, including GDP, GMP, wholesale authorisation and manufacturing authorisation in accordance with §13 AMG.

The transaction took place for reasons of succession, as Hans-Jürgen Nützel, founder and Managing Director of LOGOSYS, has retired from operational management for reasons of age, thus setting the course for the future of the company. The management of the LOGOSYS Group around Jürgen Reinhard and Marcel Nützel will remain with the company. Hans-Jürgen Nützel commented on the acquisition as follows: “The Europe-wide presence and the shared management philosophy between LOGOSYS and the pfenning Group were decisive criteria for this transaction. We are convinced that this integration creates a win-win situation for both companies and further strengthens our ability to offer innovative solutions.” The close proximity between Heddesheim and Darmstadt is also expected to result in rapid integration and the utilisation of mutual synergies, Nützel added.

Rana Matthias Nag, Managing Director of the pfenning Group, added: “The integration of LOGOSYS into our group of companies expands our range of services, particularly in the pharmaceutical, healthcare and cosmetics sectors. We are confident that this will enable us to fulfil the dynamically developing requirements of supply chains in an even more targeted manner. In addition to our industry expertise, the acquisition also expands our activities in the Rhine-Main region.”

On its growth path, the pfenning Group has already acquired seven other companies since 2021, strengthening its service portfolio in the areas of e-commerce & fulfilment, mobility solutions, fresh produce logistics, personnel services, transport services, general cargo network, 2-man handling and co-packing/display construction. The pfenning Group now employs 7,000 people in Europe.


About the pfenning group:

The pfenning group is a full-service provider of supply chain solutions with its’ Headquarter in the southwestern region of Germany. Managed by the third and fourth generations of the Pfenning family, the company can look back on 125 years of logistics experience and a staff of 7,000 people at 110 locations in Germany, Poland, Hungary, and Sweden. With a fleet of 1.000 trucks and a total storage area of 1 Mio. sqm, the group is the strong backbone for its customers’ logistics and ranked 55th out of 60,000 logistics service providers in Germany in the “Top 100 Logisticians” study. According to “Die Deutsche Wirtschaft”, the company is ranked 18th out of 10,000 German family-owned companies with a total turnover of up to €1 billion.

The Heddesheim-based group has constantly expanded its product portfolio. State-of-the-art warehousing and transport solutions are accompanied by a wide range of value-added services, from plant protection and metal construction to real estate development. In the Germany-wide retail supply, the pfenning group is one of the leading service providers in Germany. But other industries also rely on the expertise of the company: for example, several special warehouses have been set up and put into operation for the chemical, automotive, food and pharmaceutical industries. The company has acquired further know-how through strategic acquisitions in the field of fashion logistics as well as e-commerce for consumer and medical technology goods. Solutions are delivered that ensure stable goods management cycles, guarantee an excellent price-performance ratio, and pave the way for market success.

Four decades of experience form the foundation on which groundbreaking real estate projects are realized. With the multicube rhein-neckar, the pfenning group developed in 2012 an innovative, multi-user concept that has won several awards and offers space for individual forms of use and sustainable requirements. This success story has been continued with the multicube rheinhessen in 2018. Both logistics centres rank among the European top 10 industrial buildings awarded DGNB Platinum. Following this model, the pfenning group has been building up to 300,000 m² of qualified warehouse capacity in Germany and Europe since 2022.

For short-term requirements, pfenning logistics offers the Europe-wide logistics service concept “WAREhouses+“, which is available at several transport hubs, including Karlsruhe, Düsseldorf, Rhine-Main and Wroclaw.

The corporate philosophy of the pfenning group is based on responsibility, commitment, and trust. These values guide the team in its daily business. The focus is on transparency, openness, and honesty – so that individual and pragmatic solutions can be developed efficiently and flexibly.

For further information, please contact Yeliz Kavak-Küstner.

Information: This translation was produced using DeepL.