08.06.10

Logwin sells Swiss service provider for perishable logistics to current management

Grevenmacher (Luxemburg) – The internationally operating logistics service provider Logwin has sold its 100% stake in the Swiss company Logwin Solutions Switzerland AG headquartered in Pratteln near Basel. The new owners are the current board of managers made up of André Bucher, Nino Plozza, Claudio Plozza and Sonja Gautschi. The shares were transferred with the contract signing on 8 June 2010.

Logwin Solutions Switzerland AG employs approximately 120 personnel and within Switzerland offers transportation services as well as warehousing and other Value Added Services for fresh products. Since 2002 Logwin Solutions Switzerland belonged to the Logwin Group.

After the sale, moving forward the company will be again operating under the “FT” brand. The rebranding will be happening as of 1 July 2010.

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 2009, the group generated sales of 1.1 billion euros and currently employs approximately 5,500 staff. Logwin operates in all main markets worldwide and has locations across all continents. With its two business segments Solutions (customer-focused contract logistics solutions) and Air + Ocean (global air and sea freight activities), Logwin AG is one of the leaders in the market.

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

Contact:         
Mara Hancker
Public Relations
Tel:  +352 719690-1353
Fax:  +352 719690-1359
pr-info@logwin-logistics.com
www.logwin-logistics.com

Peer Brauer
Investor Relations
Tel:    +352 719690-1112
Fax:    +352 719690-1359
ir-info@logwin-logistics.com



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