Bulk logistics service provider Van den Bosch has acquired Tankspeed Logistics in Newport, bolstering its work in the intermodal transport of dry bulk products.

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

Tankspeed-Fraikin was founded in 2005 by Mitzi Walker and Manfred Fraikin and since 2015 all the shares have been owned by MD Walker, with the company trading as Tankspeed Logistics.

Its core business consists of the transport of dry bulk products for the chemical industry, such as PVC powder and minerals, in the UK and Benelux countries.

In recent years, Van den Bosch has expanded its European dry bulk activities, particularly in pressurised silo containers – a segment Tankspeed focuses on.

The company said the takeover expands its fleet with the addition of 30ft and 40ft pressurised silo containers and Walker is being retained as commercial manager.

“Tankspeed Logistics is known for its high-quality service provision,” Gruijters added.

“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 realisation of our growth ambitions in the UK market.”

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,” he added.