26.02.10
JCL Logistics acquires Logwin Road + Rail activities
Grevenmacher (Luxemburg) – The international logistics company Logwin divests its Road + Rail activities in Vorarlberg (Austria), Switzerland and Hungary to JCL Logistics, with its headquarters located in Werndorf, Austria. The corresponding contract was signed today. The transaction is subject to cartel clearance by the competent authorities.
The sale is taking place as part of the agreed streamlining of Road + Rail activities within the Logwin Group. The present transaction includes the branches of Logwin Road + Rail Austria GmbH in Wolfurt, Feldkirch-Tosters and Krems, of Logwin Road + Rail Switzerland with its headquarters in Thayngen and Logwin Road + Rail Hungary, based in Budapest, and includes as well all aligning branches and logistics locations. The sold activities’ core business is European groupage transport, LTL (less-than-truckload) and FTL (full-truckload) transportation as well as warehousing and value added services.
In 2000, Logwin AG had acquired these companies as formerly known delacher group. Presently, about 550 employees generate sales of about 170 million euro.
In addition, a Swiss JCL Logistics subsidiary acquired Logwin Road + Rail activities in France, with its headquarters in Scionzier, as well as subsidiaries in Italy and Spain. The shares were transferred in the line of the signage of the contract on 26 February 2010.
“The companies, which are very successful from an economic as well as operational point of view, complement each other, both, from the geographical reach as well as from the service range. By this new constellation, JCL Logistics is able to offer its customers full service logistics, independent from any restrictions, neither national borders, nor industries, nor business fields”, comments Stephan Joebstl, CEO of JCL Logistics.
Consequently, the acquired activities and companies will be fully integrated into JCL Logistics and will act as JCL Logistics on the market.
About Logwin
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 Längten, L-6776 Grevenmacher
Phone: +352 719690-1353
Fax: +352 719690-1359
mara.hancker@logwin-logistics.com
www.logwin-logistics.com
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 20 countries and 50 locations. By today, 1,500 employees generate a turnover of more than EUR 500 million. The company is determined by a lean organizational structure and long-lasting experience in its core business fields. In addition, JCL Logistics 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. The majority of the company’s shares is held in family’s ownership.
For more information please contact:
Mag.(FH) Elke Pretterhofer, Head of Corporate Communications
Am Terminal 1c, 8402 Werndorf, Austria
Phone: +43 3135 57710-385
Fax: +43 3135 57710-366
elke.pretterhofer@jcl-logistics.com
www.jcl-logistics.com
