Geodis signs MoU to acquire trans-o-flex to expand freight network

Geodis has signed an agreement to acquire trans-o-flex, a leading company in the premium express sector in Germany specialized in temperature controlled transport for pharmaceutical products as well as in time definite delivery of products for cosmetics, automotive and high-tech industries. Since 2016 the company is owned by the families Schoeller and Amberger who have invested to scale it up to a leading specialized distribution player. Marie-Christine Lombard, Chief Executive Officer of GEODIS, said: “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 customers’ growth and geographic development. This acquisition will position GEODIS as a leading player in the healthcare market and will significantly enhance our delivery capabilities in Germany, a country at the heart of global trade. We 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, in Europe and globally. In order to achieve this, we have agreed with Christoph Schoeller, who is currently trans-o-flex’s Chairman of the Advisory Board, Vice-Chairman of the supervisory board and shareholder with Peter Amberger, that he will remain as Vice-Chairman of the new supervisory board presided by myself.”