Logistics World Alliance introduces Redur as its new cooperation partner
New cooperation partner for Spain and Portugal.
Read MoreTag: Redur
trans-o-flex puts European network on new footing
trans-o-flex have laid a new foundation for their European distribution network Eurodis. “We have re-launched Eurodis GmbH, the management company of our specialist 21-country network,” explains Klaus J. Heinz, Executive Board Chairman. “Now we are in a position to welcome our key international partners as shareholders with similar rights and obligations and to involve them in the development of the network.” Redur Lozano, the Spanish Eurodis partner, has already taken this up and acquired a 20 pct stake in Eurodis GmbH. At present, trans-o-flex and the Austrian Post each hold 40 pct of the stock, but they are prepared to halve their holdings to take other partners on board.
While other international networks are usually managed and controlled from a single national perspective, Eurodis can become the first truly international alliance thanks to the equitable shareholding structure, according to Heinz. “Our target is to offer Spanish solutions in Spain, English ones in England and French solutions in France.” Equally, the cross-border ownership of shares serves to reinforce the partners’ mutual ties.
In parallel to the changes on the capital side, the role and functions of Eurodis GmbH are growing. Apart from its coordination aspect, it will in future also manage and control the international alliance. It will manage the partners and the financial adjustments between them, known as clearing, and be responsible for international shipment track and trace and the further development of it.
Read Moretrans-o-flex signs up Iberian partner
German express group trans-o-flex announced that it has recruited a partner in Spain and Portugal for its Eurodis network – the family-owned, Madrid-based logistics business, Redur.
Redur, headquartered in Algete, near Madrid, started delivering trans-o-flex shipments to Spain and Portugal earlier this month and will also cover the Balearic and Canary Islands.
The Spanish company, which had revenues of over EUR 140 million last year, has a 450,000 sqm logistics centre at Algete and a further 48 network locations and 14 warehouses.
Founded in 1967, it has a fleet of over 1,000 vehicles and 1,600 employees, and transports parcels and pallets, priding itself on its IT competence and offering tailormade solutions, said trans-o-flex in a statement.
“These factors, plus the high priority placed on quality, make Redur ideal for a partnership with us,” says Klaus J. Heinz, trans-o-flex CEO.
“We only want the most reliable partners in our EURODIS network – that’s how we can ensure that our services are offered throughout Europe at a consistent level of quality.”
Read MoreSpanish Redur Posts 80.12 Mln Euro Turnover 2002
Spanish logistics company Grupo Redur posted a turnover of 80.12 mln euro ($88.33 mln) for 2002, up 15 pct year-on-year, it was reported on March 11, 2003.
The company attributed the increase in turnover to the boost of logistics and warehousing facilities of Redur.
Read MoreSpanish Redur Included in 2002 List of Europe's Top 500 – GrowthPlus
Spanish logistics company Redur was included in the 2002 List of Europe’s Top 500 Job Creating Entrepreneurs, published by pan-European, Brussels-based research organisation GrowthPlus, for the seventh consecutive time, it was reported on November 11, 2002.
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