Announced
Financials
Sources
Tags
Acquisition
logistics services
Cross Border
Single Bidder
Majority
Third Party Logistics (3PL)
Private
Friendly
Pending
Germany
Synopsis
GEODIS, a logistics company, agreed to acquire trans-o-flex, a provider of logistics services intended for the pharmaceutical industries and other sensitive goods, from Schoeller and Amberger families. Financial terms were not disclosed. “The acquisition of trans-o-flex is a key step forward enabling us to increase our footprint in Germany. It is consistent with our ambition to strengthen our global end-to-end logistics solutions to support our customers’ growth and geographic development. This acquisition will position GEODIS as a leading player in the healthcare market and will significantly enhance our delivery capabilities in Germany, a country at the heart of global trade. We have been impressed by the expertise and the commitment to the highest quality of service of trans-o-flex’s management team," Marie-Christine Lombard, GEODIS CEO.
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