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Mergers and Acquisition

DPDgroup and Geis agree on parcel transaction in the Czech Republic and Slovakia

The Geis Group sells its parcel companies in the Czech Republic and Slovakia to DPDgroup.

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DPDgroup and Geis agree on parcel transaction in the Czech Republic and Slovakia
DPDgroup and Geis agree on parcel transaction in the Czech Republic and Slovakia. Image: DPD Group

The Geis Group sells its parcel companies in the Czech Republic and Slovakia to DPDgroup. This will enable both groups to strengthen their core business: last mile delivery for DPD and international distribution and logistics services for Geis in both countries. The transaction is subject to approval by the anti-trust authorities.

DPDgroup is strengthening its national presence in the Czech Republic and Slovakia.

Geis Parcel CZ s.r.o. (Czech Republic) and Geis Parcel SK s.r.o. (Slovakia) are among the largest parcel service providers in their countries. Both companies have been operating profitably for many years.

“In this rapidly growing parcel market, we want to further develop our business to better support the development of our customers”, explains Yves Delmas, COO Europe DPDgroup. “We are therefore very pleased that we were able to reach an agreement with Geis.”

Geis intensifies core business in Central Europe

The transaction is also the strategically right step for the Geis Group:

“Now that we have been co-developing the parcel markets in the Czech Republic and Slovakia for over 25 years, it is the right time for us to hand over the parcel business to a specialised company with European coverage”, say Hans-Georg Geis and Wolfgang Geis, Managing Partners of the Geis Group. “In the future, we want to concentrate on our traditional core businesses of forwarding services, contract logistics and air and sea freight and further expand our strong market position in Central Europe”.

In the Czech Republic and Slovakia, the Geis Group is already the market leader in the national general cargo sector. In parcel logistics, Geis will work closely with DPD in the future.

Mergers and Acquisition

Blue Yonder acquires Yantriks to deliver dynamic commerce

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Blue Yonder acquires Yantriks to deliver dynamic commerce. Image: Blue Yonder
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Blue Yonder announced it has acquired Yantriks, a SaaS provider of commerce and fulfillment microservices. This acquisition combines real-time transactional systems with supply chain planning, forecasting and fulfillment solutions, to power modern commerce. With this combined offering, companies can integrate all their supply chain assets to deliver a differentiated experience to their customers right at the beginning of the shopping process.

“Companies, more so than ever before, are seeking to deliver products to customers with unprecedented velocity, at promised delivery times, with optimized costs through complete plan-to-order-to-fulfillment alignment,” said Girish Rishi, chief executive officer, Blue Yonder.  “The combination of Yantriks and Blue Yonder brings together end-to-end systems that begin with the very start of the shoppers’ journey and allows the entire supply chain to be organized around their preferences and choices.”

“Customers increasingly expect a unified experience that is no longer just about brand, product and price,” said Eugene Amigud, the founder of Yantriks. “The supply chain, its capabilities, and the ability to promise and deliver customer-facing fulfillment strategies in real-time, is the differentiator enabling B2B and B2C companies to adapt, evolve, and succeed.”

Yantriks’ solutions, coupled with Blue Yonder’s Luminate Commerce solutions, can augment customers’ existing systems, and are available to deploy today.

Blue Yonder’s acquisition of Yantriks further enables:

  • Real-time inventory visibility and order fulfillment
  • End-to-end supply chain visibility
  • Personalized consumer experiences

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Freight Forwarding

Gebruder Weiss takes over Ipsen Logistics air & sea business

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Gebruder Weiss takes over Ipsen Logistics air & sea business. Image: Pixabay
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Gebrüder Weiss has taken over large parts of the operational business of Ipsen Logistics. The globally active logistics company has thereby increased its presence in Germany and, at the same time, expanded its global Air & Sea network to include national companies in Belgium, Poland, and Malaysia. The acquisition is subject to the approval of the antitrust authorities and the necessary approval procedures. It has been agreed not to disclose the purchase price. Ipsen’s national companies in Morocco and Algeria continue to be cooperation partners in the GW network, but remain unaffected by the acquisition; the same applies to Ipsen Industrial Packing in Bremen.

“The planned acquisition is an important step in the development of our Air & Sea division. Gebrüder Weiss and Ipsen Logistics are a good match, not only geographically but also in terms of their understanding of service and culture. Based on this stronger global network, we are now able to offer both Ipsen’s customers and our future employees new development opportunities,” says Wolfram Senger-Weiss, CEO of Gebrüder Weiss.“

Gebrüder Weiss’ national companies in Europe, Asia, America, and Oceania are ideal contact points for the customers of Ipsen Logistics who will now be able to enjoy global logistics solutions from a single source,” says Lothar Thoma, Managing Director of Air & Sea at Gebrüder Weiss. The comprehensive takeover of Ipsen Logistics’ business is part of a growth strategy being pursued by Gebrüder Weiss in the Air & Sea segment for several years now. The company only recently expanded its global Air & Sea network to include its own locations in South Korea, New Zealand, and Australia. “Expanding our network in Germany and entering the market in the Malaysia mean that our growth plans have been completed for the time being,” adds Lothar Thoma. “We now cover the most important logistics markets worldwide through our own companies – or through well-coordinated partnerships. We would now like to integrate and further strengthen this setup.”

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Intermodal Transport

DP World to acquire majority stake in South Korea’s Unico Logistics Co. Ltd

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DP World to acquire majority stake in South Korea's Unico Logistics Co. Ltd. Image: DP World
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DP World, the Dubai- based provider of worldwide smart end-to-end supply chain logistics, has agreed to acquire a 60 per cent shareholding in UNICO Logistics Co. Ltd.
The transaction, subject to regulatory clearances, is expected to close in Q4 2020, and represents another strategic step in DP World’s vision to build an integrated suite of service offerings that will connect directly with end-customers and beneficial cargo owners to remove inefficiencies in the supply chain and accelerate trade growth.

Established in 2002 by H.J. Park and headquartered in South Korea, UNICO has a global footprint of 25 subsidiaries in 20 countries and is one of the largest independent NVOCC in South Korea. UNICO is a multimodal transport specialist with strong market position in the fast-growing transcontinental rail freight market between East-Asia and Central-Asia and Russia, in particular on the strategically important Trans-Siberian Railway and Trans China Railway.

The acquisition is in line with DP World’s global strategy to grow as a smart supply chain solutions provider and will provide a platform to drive synergies between UNICO and DP World operations in the Asia Pacific and European regions, while also continuing the expansion of logistics capabilities within DP World’s portfolio. In addition, UNICO’s expertise in handling automotive logistics is aligned with DP World’s strategic focus on this sector.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “DP World’s vision is to become the leading end-to-end supply chain solutions provider. By integrating Unico into our worldwide network we will be able to offer better service to our customers in South Korea and beyond. These new services further strengthen our logistics capabilities, which we are combining with our maritime services operations and our worldwide network of ports and terminals.”

H.J. Park, President and CEO, UNICO Logistics Co. Ltd., said: “UNICO has delivered significant growth over the years and we are proud of our success but we believe this partnership with DP World will allow us to take the business to the next stage of its growth. Being part of DP World will allow us to develop further from the Group’s deep relationship with end-customers and wide global network. We look forward to a prosperous future together.”

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