Al-Otaishan partners with Schmidt Group


AL-OTAISHAN Schmidt Logistics, the partnership between German-based family-owned Schmidt Group and Saudi-based family-owned Abdul Rahman Al-Otaishan and Sons Group, has been launched in a celebration held at Holiday Inn Al Dahran and attended by Chairman of the Board of Directors of Asharqia Chamber, Abdulhakeem bin Hamad Al-Ammar Al-Khalidi, and Deputy Delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen, Al-Ameen Al-Dalali, in addition to the Oil and Gas, Petrochemical and Industrial leaders in the Kingdom. The new partnership company is a valuable addition to the sector that will serve the oil and gas, chemicals and petrochemical, food and feed industries in the Kingdom.

Al-Otaishan Schmidt Logistics LLC provides complete Supply Chain Solutions to its clients in the Kingdom, starting with product handling, transportation, storage and Specialist Logistic Solutions and ending with door-to-door transportation of bulk products.

Al-Otaishan Schmidt Logistics LLC as a newborn company with combined experience of its two holding companies has more than 105 years of experience. The company is highly committed to developing and meeting its clients’ specific requirements as well as providing a gateway for the international import and export of a wide range of petrochemical and chemical products.

Schmidt Group, a leading European dry bulk logistics services provider, established in 1948, and currently handling more than 10 million tons of polymers around the globe with sites across Europe, Russia and the Middle East is keen on bring its International Experience, Know How and Values to the Kingdom together with well-known Al-Otaishan Group.

AOSCO has been actively providing transportation services to the major industries in the kingdom for over 35 years. The company is willing to take this current opportunity expand its business model and go the Extra Mile to meet the local demand.

In his speech, Abdul Rahman Al-Otaishan, chairman, highlighted the importance of logistics services to boost the Kingdom’s economy and to support the Kingdom’s 2030 Vision and that the collaboration with Schmidt Group is a significant advantage for the industry.

The CEO of the new company Drc Wolfgang Hoppmann pointed out the extensive capabilities and strengths of the partnership, and he also expressed his confidence in the company to achieve its strategic goals and take its place in the market.

The headquarters of the new company is based in Al-Otaishan Tower, Abu Hadriyah Rd., Dammam, and to establish a branch office in the whole region of Saudi Arabia. — SG