FRENCH forwarding giant geodis has completed its acquisition of American company Need It Now Delivers following regulatory approvals.
The acquisition significantly expands Geodis' US presence in the areas of contract logistics and final mile delivery and strengthens its end-to-end freight network domestically and internationally, according to a company statement.
Based in Keasbey, New Jersey, Need It Now Delivers operates a major freight network in the US with a strong presence in the East, including over 65 company locations and more than 300 inter-connected distribution points.
Need It Now Delivers features a workforce of more than 2,000 employees and serves over 1,600 customers across a variety of high-growth sectors, including apparel, electronics, home furnishings, automotive products and medical supplies.
'The completion of the Need It Now Delivers acquisition will accelerate our continued growth in the US, which has become an essential market for GEODIS, as we remain committed to building a fully integrated network of transport and logistics hubs globally,' said Marie-Christine Lombard, CEO of GEODIS.
'This acquisition allows GEODIS to expand our offerings in a consolidating market and solidify our position as one of the world's top 10 leading logistics providers.'
Mike Honious, president & CEO of Geodis in Americas said: 'I am confident the combination of our two organizations will create a powerful set of end-to-end logistics solutions to best support our customers' growth.'
SeaNews Turkey
The acquisition significantly expands Geodis' US presence in the areas of contract logistics and final mile delivery and strengthens its end-to-end freight network domestically and internationally, according to a company statement.
Based in Keasbey, New Jersey, Need It Now Delivers operates a major freight network in the US with a strong presence in the East, including over 65 company locations and more than 300 inter-connected distribution points.
Need It Now Delivers features a workforce of more than 2,000 employees and serves over 1,600 customers across a variety of high-growth sectors, including apparel, electronics, home furnishings, automotive products and medical supplies.
'The completion of the Need It Now Delivers acquisition will accelerate our continued growth in the US, which has become an essential market for GEODIS, as we remain committed to building a fully integrated network of transport and logistics hubs globally,' said Marie-Christine Lombard, CEO of GEODIS.
'This acquisition allows GEODIS to expand our offerings in a consolidating market and solidify our position as one of the world's top 10 leading logistics providers.'
Mike Honious, president & CEO of Geodis in Americas said: 'I am confident the combination of our two organizations will create a powerful set of end-to-end logistics solutions to best support our customers' growth.'
SeaNews Turkey