Repurchase of Gefco shares? 
The Gefco Group hasn't remained untouched by developments in Eastern Europe. Since RZD, the Russian railways, bought 75% of its capital in 2012, the sanctions imposed on its shareholder by the European Union are having a negative impact on the group’s activities, in the UK, for... plus
Smiling faces in Hong Kong
2021 was good to Kerry Logistics. In its annual results, the Hong Kong-based group reported revenues amounting to HKD 81.7 billion (USD 11.2 billion), a rise of 53% compared to 2020 (HKD 53.3 billion). Operating profit clocked in at HKD 6.2 billion (USD 790 million), an increase... plus
MSK Pharmalogistik finds new location
The family-run pharmaceutical logistics service provider MSK Pharmalogistic from Heppenheim, Germany, is moving into a new location. In the new Panattoni Park Mannheim North, the company is planning a logistics centre certified as GDP (good distribution practice) and GMP (good... plus
French takeover in Singapore
Singapore-based Keppel Logistics is to be Geodis' next acquisition. The takeover is designed to increase the French Group's contract logistics footprint and e-commerce fulfilment services in Singapore and Southeast Asia, as CEO Marie-Christine Lombard said. Keppel Logistics... plus
John Menzies deal fixed
The deal is inked. Agility and John Menzies PLC have reached agreement on the terms of a recommended cash offer for the takeover of 100% of the ordinary shares of the latter. The deal values John Menzies at approximately GBP 571 million (EUR 675 million) on a fully diluted basis... plus
Intersport's omnichannel logistics concept
The Hamburg-based Intersport Group, which has more than 1,000 affiliated retailers in the B2B sector in Germany, has put its logistics on a new footing. The central warehouse in Heilbronn has been gradually expanded since 2018 in keeping with the company’s omnichannel... plus
Greetings from Berne
At the "Logistics & Automation – The unique national meeting place of the logistics industry in Switzerland", which is now (30 – 31 March 2022) taking place in Berne, you meet national decision makers from automated warehouse and conveyor technology to... plus
More French desserts well preserved
The Mademoiselle Desserts Group, a European specialist in the frozen pastry trade, finalised the acquisition of the Stef warehouse in Thenon in March 2022. The additional 40,000 sqm of warehouse capacity helps centralise the storage of finished products from the company's... plus
New warehouse in Bremen operational
In Bremerhaven, the Würfel Group's logistics division has built a new 2,000 sqm warehouse for a long-standing customer - a well-known plastic tank manufacturer. Construction took ten months, and the facility is already fully utilised. At the Bremen site, Würfel is in charge... plus