GLS increases its shareholding in General Logistics Systems Poland
General Logistics Systems Poland Sp. (GLS Poland) becomes a wholly owned subsidiary: “With effect from January 1st 2005, GLS adds the remaining 74.9 percent of GLS Poland to its existing holding of 25.1 percent”, explains Rico Back, Chief Executive Officer of General Logistics Systems B.V., Amsterdam (GLS). “GLS is planning to conclude a system-partner contract with the previous majority shareholder, the Raben Group, which will maintain and intensify the close and trusting cooperation.” The new Managing Director of GLS Poland will be Klaus Conrad, who, in addition, is also Managing Director of GLS Germany and is responsible for GLS’ activities in Central Europe.
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