ID Logistics Completes the Acquisition of GVT Transport & Logistics in the Benelux
16 Décembre 2021 - 8:45AM
Business Wire
Regulatory News:
Following the agreement signed on November 9, 2021, ID
Logistics (ISIN: FR0010929125, Ticker: IDL), one of the European
leaders in contract logistics, is announcing today the completion
of the acquisition of 100% of GVT Transport & Logistics, the
transport and logistics division of GVT Group of Logistics.
GVT Transport & Logistics manages 12 sites, employs more
than 750 professionals, rents 200.000 m² of warehouses, and has a
fleet of 285 trucks throughout the Netherlands and Belgium. Its
main logistics campus in Tilburg is strategically located within a
short distance from important sea-and airports and good
accessibility by water, rail, and road with many international
manufacturers based in this region. GVT Transport & Logistics
serves a diversified client portfolio, mostly A-brand international
electronic goods and non-food retail companies.
GVT Transport & Logistics and ID Logistics have had
successful cooperation in the Benelux for many years. Both head
offices are based in Tilburg. Combining the two companies will
offer unique logistics services on the market and strong visibility
on this strategic market.
Eric Hémar, Chairman and CEO of ID Logistics, thanks the ID
Logistics teams and his advisors Hogan Lovells in France for the
corporate M&A (Jean-Marc Franceschi, Arnaud Deparday) and the
antitrust (Eric Paroche, Victor Levy), Stibbe in the Benelux (Eva
Das, Reinout de Boer, Omar El Gachi, Nathan van Rooijen, Stephanie
Kleefstra) for the legal and tax due diligences, and 8Advisory
Belgium (Philippe Fimmers, Edouard Decamp) for the financial due
diligences.
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Publication of fourth-quarter 2021 revenues on 25 January 2022
after market close.
ABOUT ID LOGISTICS
ID Logistics is an international contract logistics group, with
revenues of €1,643 million in 2020. ID Logistics has more than 340
sites across 17 countries, representing 6.0 million square meters
of warehousing facilities in Europe, America, Asia, and Africa,
with 21,500 employees. With a client portfolio balanced between
retail, industry, detail picking, healthcare, and e-commerce
sectors, ID Logistics is characterized by offers involving a high
level of technology. Developing a social and environmental approach
through a number of original projects since its creation in 2001,
the Group is today resolutely committed to an ambitious CSR
policy.
ID Logistics is listed on Compartment A of Euronext’s regulated
market in Paris (ISIN Code: FR0010929125, Ticker: IDL).
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ID Logistics Yann Perot CFO Tel.: + 33 (0)4 42 11 06 00
yperot@id-logistics.com
NewCap Emmanuel Huynh / Thomas Grojean Investor Relations &
Financial Communications Tel.: +33 (0)1 44 71 94 94
idlogistics@newcap
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