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.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.


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