Tag: Taxicolis

GeoPost has announced the sale of Taxicolis, a Chronopost subsidiary, to express operator Flash Europe International. This sale is part of GeoPost’s strategy to focus on its core competence of express parcel delivery.

Taxicolis, which employs around 250 people, specialises in personal delivery of express shipments as well as high-value health and breakable products within France. In 2007, it recorded total revenues of EUR 66 million.

Flash Europe International, present in 10 countries, has been providing express transport services, especially for the industry sectors such as automotive, health and banking and IT services, for about 25 years.

The new group is positioning itself as a European leader for urgent transportation with revenues of EUR 110 million, 320 employees in 10 different countries and operating capacity in 80 countries worldwide.

The acquisition would give Taxicolis a unique opportunity to establish itself on the European market in the sectors of healthcare and public services, La Poste said in a statement.