Van den Bosch
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Van den Bosch adds Tankspeed

April 16, 2021
Acquisition of South Wales dry bulk transporter intended to strengthen company’s intermodal position in Europe

Van den Bosch this month is taking over the activities of Tankspeed Logistics in Newport, South Wales, according to the company.

The acquisition is intended to strengthen Van den Bosch’s position in the intermodal transport of dry bulk products in Europe.

Tankspeed was founded in 2005 as Tankspeed-Fraikin by Mitzi Walker and Manfred Fraikin. Since 2015, all shares have been owned by managing director Mitzi Walker, with the company operating under the name Tankspeed Logistics. The core business consists of the transport of dry bulk products for the chemical industry, such as PVC powder and minerals. These activities take place in the United Kingdom and between the Benelux and the UK.

In recent years, Van den Bosch has invested in expanding its dry bulk activities in Europe, particularly in pressurized silo containers. Tankspeed also focuses on this segment.

“With the acquisition of Tankspeed Logistics, we are strengthening our position as the market leader in transport with pressurized silo containers in Europe and are committed to further developing our business in the UK,” said Barry Gruijters, operations director for Van den Bosch’s dry bulk division.

Van den Bosch said it will continue the activities of Tankspeed. The takeover expands the fleet with various 30- and 40-foot pressurized silo containers. As commercial manager, Walker will remain closely involved in the operation.

“Tankspeed Logistics is known for its high-quality service provision,” Gruijters said. “Mitzi Walker’s network and experience will be of great significance to the continued success and further development of the activities. With Mitzi on board, we have every confidence in the realization of our growth ambitions in the UK market.”

Walker is equally excited about the takeover of activities by Van den Bosch. Tankspeed customers will benefit from the network, capacity and expertise of a logistics multinational, the companies said. “I am delighted to be working with Van den Bosch to optimize our strengths and experience,” Walker said. “Tankspeed Logistics and Van den Bosch have been working together for a number of years. I have seen how Van den Bosch has grown its business, especially in the UK, and have seen impressive innovations in the bulk sector.

“I envisage a prosperous and ongoing relationship with customers and suppliers, while supporting the ongoing development to grow our business.”

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BT staff