French Geodis strengthens express business
French transport and logistics group Geodis has strengthened its express business by integrating six new branches from the network of local express transport specialist France Express, it was reported on October 3, 2005.
The six branches include the France Express units in Strasbourg, Mulhouse, Belfort, Epinal, Tarbes and Brest. Geodis will also acquire 100 pct of the capital of Calberson-Danzas in Clermont Ferrand, a company which is part of France Express through its subsidiary Puy de Dome Express. Via this acquisition Geodis will strengthen its express business, especially in eastern France, as well as its positioning within the France Express network, now managing 74 of the 99 regional franchises.
Geodis ( www.geodis.fr ) provides logistics services, supply chain management, warehousing and distribution services. It has a 22,700 staff and an international network covering 120 countries.
Set up in 1970, France Express (www.france-express.com) serves the 36,000 towns and villages in mainland France through a network of 110 operating centres and 273 distribution centres, employing a staff of 3,900. France Express net sales exceeded 306 mln euro ($365.76 mln) in 2004 for a processed volume of over 14 million shipments.
www.geodis.com
