JV to extend distribution network in Poland
Time-critical logistics specialist Danx and Polish logistics provider ILS have founded a joint-venture to create a strong distribution network in Poland, in response to growing demand for high-quality time-critical and in-night logistics solutions in Eastern Europe.
Both ILS and DANX have extensive experience in aftermarket and spare parts logistics, and this strategic partnership brings together each of their strengths. It is anticipated that the JV will be operational by spring 2023, Danx said.
The joint venture will be established as a 50/50 ownership and the set-up will have a local front and a central infrastructure where the company infrastructure will be delivered by both Danx and ILS.
ILS moves more than 15 million shipments per year and has an extensive distribution and warehousing network in Poland. (ben)