Auctus-backed Oxalis expands into chemical logistics with Dennis Dixon majority stake
- Auctus completed its acquisition of HOYER's regional fuel and bitumen logistics operations in early 2024, creating Oxalis Logistics following September 2023 signing.
- Oxalis joined Horst Pöppel Tank- und Silologistik, acquired in 2022, to form a buy-and-build group.
- Subsequent acquisitions included Johs. Martens Spedition, Frerichs and a majority stake in Dennis Dixon, expanding Oxalis into chemical logistics.
- The resulting Vectura Network Logistics comprises six hazardous-goods logistics specialists across seven European countries, operating more than 1,300 trucks at over 120 sites.
- Oxalis employs around 2,700 people; the carved-out business generated approximately EUR 300 million in revenue before the acquisition.
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