GEODIS announced plans to acquire Deret SAS, a logistics provider that will enable GEODIS to reinforce its position in the contract logistics market and accelerate development in the luxury and cosmetics sectors.
Key takeaways:
· This acquisition is part of GEODIS’s commitment to strengthening its presence in the French logistics market.
· The acquisition includes Deret Logistique and Deret Transporteur, as well as their subsidiaries Sogipac, Logtex, and Deret Services Numériques. It also includes part of the logistics real estate assets of Deret SAS.
· These companies comprise 13 transport agencies and 28 logistics sites with a total of 2,400 employees.
· The transaction will also consolidate GEODIS’ footprint in the Orléans region, a major logistics hub, through the creation of an attractive real estate cluster.
