GEODIS has signed an agreement to acquire trans-o-flex, a company in the premium express sector in Germany that specializes in temperature-controlled transport for pharmaceutical products as well as time-definite delivery of products for cosmetics, automotive and high-tech industries.
Since 2016 the company has been owned by the families Schoeller and Amberger, who have invested in scaling it up to a leading specialized distribution player.
Expanding Germany presence
"The acquisition of trans-o-flex is a key step forward, enabling us to increase our footprint in Germany. It is consistent with our ambition to strengthen our global end-to-end logistics solutions to support our customer’s growth and geographic development," said Marie-Christine Lombard, chief executive officer of GEODIS.
"This acquisition will position GEODIS as a leading player in the healthcare market and significantly enhance our delivery capabilities in Germany, a country at the heart of global trade," she added.
The Geodis chief executive noted that the company "have been impressed" by the expertise and the commitment to the highest quality of service of trans-o-flex’s management team.
"We welcome the trans-o-flex team to GEODIS, and together we believe we can further support our customers on both sides by combining our respective and complementary strengths in Germany, Europe and globally," Lombard added.
trans-o-flex operates Germany's largest temperature-controlled distribution network specializing in healthcare, handling parcels and pallets. It is based in Germany and has recently expanded its activity in Austria.
Trans-o-flex has 77 hubs and local agencies, which enable the company to offer Express logistics solutions throughout Germany.
GEODIS said the closing of this deal would be effective after the completion of the usual regulatory approvals.
