Announced

GEFCO Group to acquire Chronotruck.

Synopsis

GEFCO Group, logistics company has agreed to acquire Chronotruck, a company that connects shippers and carriers through an innovative digital platform. Financial terms were not disclosed. This acquisition supports GEFCO’s strategy of leveraging new technologies to enhance the customer experience and offering fully digitalized services to meet the needs of current and future logistics ecosystems. “This is a fantastic opportunity for Chronotruck. Today, Chronotruck mainly operates in France but we look forward to leveraging GEFCO’s powerful network, strong geographical presence and access to new customers, from consumer goods to industrial manufacturers. I am convinced our combined strengths will create a powerhouse solution for shippers and carriers that adds real value.” Rodolphe Allard, Chronotruck’s CEO.

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