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ID Logistics Closes Acquisition of GVT Transport and Logistics in the Benelux.

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Vincent

MANews-(C)2009-2021

France-based contract logistics company ID Logistics (ISIN: FR0010929125) (IDL: IDL) has acquired 100% of GVT Transport and Logistics, the transport and logistics division of Netherlands-based GVT Group of Logistics, the company said.

GVT Transport and Logistics manages 12 sites, employs more than 750 professionals, rents 200.000 m² of warehouses, and has a fleet of 285 trucks throughout the Netherlands and Belgium.

Its main logistics campus in Tilburg is strategically located within a short distance from important sea-and airports and good accessibility by water, rail, and road with many international manufacturers based in this region.

GVT Transport and Logistics serves a diversified client portfolio, mostly A-brand international electronic goods and non-food retail companies.

GVT Transport and Logistics and ID Logistics have had successful cooperation in the Benelux for many years. Both head offices are based in Tilburg.

Combining the two companies will offer unique logistics services on the market and strong visibility on this...

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