News / M&A-hungry Rhenus – 'now we're really global' – aims to double in size

Rhenus Air & Ocean has just three years to double in size – that is, admittedly, a target set for itself, but it means next year the market is likely to see some M&A activity.

This year, the privately owned forwarder expects some 500,000 teu to pass through its hands, which likely places it in the top 30 or so forwarders (although its reported $7bn in revenues in 2021 would place it between 15th and 20th).

But its aim is to reach ...