Frankfurt, Germany: Geodis has finalised the acquisition of Trans-o-flex – a German distribution network for temperature-controlled pharmaceutical goods – following regulatory approval.
Geodis says the move will “establish Geodis as one of the most prominent players in the key market of healthcare and will significantly enhance its delivery capabilities in Europe”.
Marie-Christine Lombard, chief executive, Geodis, said: “The acquisition of Trans-o-flex, the largest temperature-controlled distribution network in Germany specialising in healthcare, accelerates our growth in a key market for Geodis.
“We want to enable trans-o-flex to consolidate its market position in Germany and expand it in the largest European countries. It forms part of our ambition to develop our global end-to-end logistics solutions in support of our customers’ growth and geographical expansion.”
Christoph Schoeller, deputy chairman, Trans-o-flex, said: “We are pleased that Trans-o-flex can now start a new, international growth phase. In order to ensure continuity, the entire Trans-o-flex management will remain in office. Together we will continue to work on the success story of the Group.”
Founded in 1971, Trans-o-flex operates Germany’s largest temperature-controlled distribution network specialising in healthcare, handling both parcels and pallets.
