02.12.09

JCL Logistics acquires Dutch Logwin Road+Rail subsidiary

Grevenmacher (Luxembourg) – The international logistics service provider Logwin divests its 100% shareholding in the Dutch subsidiary Logwin Road + Rail The Netherlands B.V. to the Austrian JCL Logistics Group, with its headquarters located in Werndorf. The acquisition was finalized by the signage of the contract on 2 December. The divesture of the shares is part of the streamlining of the land transportation activities within the Logwin Group and has no effect neither on Logwin’s sea- and airfreight services in the Netherlands, nor on any activities of its Belgium subsidiary Logwin Road + Rail Belgium BVBA, which remains in the Logwin Group.

The whole transaction was supported by the managing director of the Dutch company, who will in future be shareholder of the target company.

Logwin Road + Rail The Netherlands B.V. operates logistics activities on its three locations in Valkensvaard, Beringe and Moscow. The company mainly operates European bulk- , part and full truck loads and offers as well warehousing and value added services. In 2000, the Dutch organization was taken over by Microlog AG, which was integrated into the Logwin Group in 2002.

The Dutch organization will seamlessly be integrated into the organizational structure of JCL Logistics and will offer its services under the brand name JCL Logistics. 

About JCL Logistics

JCL Logistics, with its headquarters located at the Cargo Center Graz, Werndorf, operates logistics activities in the fields of Sea+Air, Overland, Fashion, Furniture and mySOLUTION, in more than 15 countries and 25 locations. The company is determined by a lean organizational structure and long-lasting experience in its core business fields. In addition, JCL is eager to gain highest customer satisfaction. The company centers the customer, who defines the range of service, neither limited by company structures, nor by geographical borders.

For more information please contact:
Elke Pretterhofer, Head of Corporate Communications        
Am Terminal 1c, 8402 Werndorf
Phone:  +43 3135 57710-385
Fax:  +43 3135 57710-366
elke.pretterhofer@jcl-logistics.com
www.jcl-logistics.com

About Logwin AG

As an external partner, Logwin AG, Grevenmacher (Luxembourg), develops a comprehensive range of logistics and service solutions for trade and industry. In 2008, the group generated sales of 2.0 billion euros and currently employs approximately 7,800 staff in 45 countries. Logwin operates in all main markets worldwide and has over 400 locations across all continents. With its three business segments Solutions (customer-oriented contract logistics), Air + Ocean (global air and ocean freight forwarding activities) and Road + Rail (land and special transportation activities in Central, Western and Eastern Europe), Logwin is one of the market leaders.

Logwin AG is listed in the Prime Standard of the Deutsche Börse. The majority shareholder is DELTON AG, Bad Homburg (Germany).

For more information please contact:      
Mara Hancker, Director Corporate Communication
5, an de Laengten, L-6776 Grevenmacher
Phone:  +352 719690-1353
Fax:  +352 719690-1359
pr-info@logwin-logistics.com
www.logwin-logistics.com