ABX Logistics acquires Lyons-based AIT
LOGISTICS has taken steps to boost its growth in France by acquiring AIT, a leading regional player in the Eurocargo market for traffic with Southern Europe (Italy, Spain and Portugal).
AIT is based in Genas (Lyons), employs 35 people and has an annual turnover of approx. EUR 10 million. Founded in 1996 by the Sisti family, the company will complement ABX LOGISTICS’ existing LTL, groupage, customs and logistics operations in the Rhone-Alps region of France.
In this part of France, ABX LOGISTICS already has a turnover in excess of € 25 million in the international road, air and sea sectors. Currently operating from four locations across the region (Saint-Priest, Saint-Exupéry (airport), Grenoble and Chambéry), today’s acquisition adds a fifth location, namely the AIT site in Genas.
AIT’s customers will be able to enjoy the advantages of ABX LOGISTICS’ densely meshed network that extends across the whole of Europe and offers daily round trips to destinations in countries including Italy, Spain, Portugal, Germany, Switzerland, Austria, Benelux, the UK, Ireland and Scandinavia, as well as regular links with Turkey, Poland, Russia and Ukraine. ABX LOGISTICS has more than 90 branches and hubs in Europe from which it conduct its international road groupage operations.
KEY FIGURES
AIT: freight forwarder and logistics operator, turnover approx. € 10 million, 6 000 m² of groupage platforms, located at the crossroads of the major road corridors in the Rhone-Alps region.
ABX LOGISTICS in France:
– Nearly 600 employees and a turnover of approx. € 200 million
– 25 sites across the whole country
– A comprehensive service portfolio:
Eurocargo International LTL and FTL services, Supply chain logistics and Customs. Specialities: transport & distribution of high quality wines (Mitjavile), textiles and luxury ready-to-wear garments (flat-folded or on hangers) (Lacombe).
Air & Sea: Export & import freight shipments by air and sea, Customs and Project logistics.
