MOGI DAS CRUZES, Brazil, Jan. 27,
2015 /PRNewswire/ -- In December
2014, the Board of Directors of JSL S.A.
(BM&FBOVESPA: JSLG3 and OTC:
JSLGY) approved the creation of a new company called
Movida Participacoes S.A., which will consolidate all the rent a
car and fleet management and outsourcing activities. This new
company is born with more than 35,000 light vehicles, 19,000
already dedicated to the rent a car business through Movida and
16,000 operating in JSL Logistica's fleet management and
outsourcing business.
This corporate reorganization aims to lay the foundation for the
continuous growth of these businesses, in addition to allowing an
improved visualization between the various segments where JSL S.A.
operates.
JSL Logistica has 28,000 light vehicles, 16,000 of which in
fleet management and outsourcing with basic services offered
in this market, which will be transferred to Movida Participacoes
S.A.; The remaining vehicles, more than 12,000, which are allocated
to high-complexity and extremely customized services, will continue
to be operated and developed by JSL Logistica.
The consolidation of all these activities of JSL S.A. totaled
more than 47,000 light vehicles, 35,000 of which from Movida
Participacoes S.A. and 12,000 from JSL Logistica, which consolidate
its position as the 2nd largest vehicle fleet company in
Brazil, based on information from
companies in this market.
INVESTOR RELATION CONTACT:
E-mail:
ri@jsl.com.br Phone: (55 11) 2377-7178
Fax: (55 11) 2377-7836
IR Website: www.jsl.com.br/ri
ABOUT JSL
JSL S.A. is the company with the most extensive portfolio of
logistics services in Brazil and
the leader in its segment in terms of net revenue. With a 59 year
history, the company works with more than 170 branches throughout
Brazil, in addition to 4 Mercosur
countries, and operates in the entire production process of its
customers - from cargo transport to the complete outsourcing of
logistics chains.
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SOURCE JSL S.A.