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30 October 2020 The on-line newspaper devoted to the world of transports 00:01 GMT+1

October 16, 2020

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Logistics group Geodis buys Poland's Pekaes

The company employs about 1,200 people

The logistics group French Geodis has signed an agreement to buy Poland's Pekaes, an intermodal transport company and one of the leading national operators in the LTL segments (Less-Than-Truckload) and FTL (Full-Truckload). The company, which gives 1,200 people, was founded in 1958 and has 20 branches covering the entire Polish territory 10,000 domestic and international customers. In addition Pekaes operates three railway terminals and six logistics warehouses.

"This acquisition - explained Marie-Christine Lombard, CEO of the French Group - is a important step forward in consolidating Geodis' presence region, which we consider strategic for the development of the Group. Pekaes has excellent local geographic coverage and its team is well known for its professionalism. Our complementary client portfolios and our capabilities will enable us to offer Polish companies a wide ranging international opportunities, while our customers will benefit Pekaes' experience in Poland, which is the third-largest logistics market in Europe.'

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