OT Logistics acquires Landkol

Polish inland shipping operator OT Logistics has acquired a 100 percent stake in Landkol, a train operating company, OT Logistics announced. "The acquisition of Landkol is part of the company's development strategy, which envisages further strengthening its market position through the acquisition of companies operating in the logistics industry," a statement read. Landkol specializes in transportation of aggregate or bulk materials. Its revenues amounted to PLN 5 million in H1 2015. OT Logistics focuses on the shipping of goods through the inland waterways but the whole portfolio of services provided by the Capital Group companies consists also of transhipment of goods in the sea ports, forwarding, warehousing and real estate renting. The OT Logistics inland fleet consists of 400 hundred vessels with the total capacity of 100 thousand tons.