10.12.09
Logwin sells land transportation activities at its Lyon site
Grevenmacher (Luxembourg) – The international logistics services provider Logwin is selling the land transportation activities of its subsidiary Logwin Road + Rail Lyon S.A.S. (formerly TK Logistik) located in Genas near Lyon, to the French company Dimotrans S.A., which is headquartered in Meyzieu. This sale does not affect the operations of Logwin Road + Rail France S.A.S. located in Scionzier, including the site in Lyon serving the automotive industry in Lyon. The sale is part of the planned streamlining of the land transportation activities within the Logwin Group.
The business operations being sold generate annual sales totaling around 8 million euros and consist mainly of general cargo transport between France, Germany and Austria. Logwin and Dimotrans are seeking to achieve cooperation beyond the business that is being transferred.
The employees involved in the operations of Logwin Road + Rail Lyon S.A.S. will transfer to Dimotrans.
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).
Your contact at Logwin:
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