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Germany’s SHS acquires port operating company

Monday, 25 September 2023 11:54:53 (GMT+3)   |   Istanbul
       

Germany-based SHS (Stahl-Holding-Saar) has announced that it has acquired German port operating company Dillinger Hafen-Umschlagsgesellschaft mbH (DHUG) from the Netherlands-based bulk handling company HES International.

The aim of the purchase is to further optimize the SHS supply chains.

In addition to loading, unloading and transshipment of various bulk materials, DHUG offers five hectares of paved area and multifunctional covered storage facilities. Starting as early as 2027, up to 3.5 million mt of carbon-neutral steel will be produced annually in Saarland. In addition, SHS and its French subsidiary Saarstahl Rail will in the future increasingly require easily accessible storage areas such as those at DHUG for plate and rails.

“With the acquisition of DHUG, we are taking another important step in our transformation strategy and strengthening our locations in Saarland,” Stefan Rauber, chairman of the management board of SHS, said.


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