ID Logistics completed the acquisition of GVT Transport & Logistics for €80m.

ID Logistics, an international contract logistics group, completed the acquisition of GVT Transport & Logistics, a specialist in transport and distribution in the Benelux, for €80m. "We are very happy to finalize this agreement for the acquisition of GVT Transport & Logistics, which concludes several years of fruitful cooperation and development. Thanks to this acquisition, ID Logistics Benelux will become a key player in the Benelux market, especially in the Netherlands, and will propose a full scope of services to our existing or future customers. I am sure that the GVT team and employees will have a bright future in ID Logistics Group and will be able to develop their know-how on a large scale," Eric Hémar, ID Logistics CEO.