Monday 22nd Oct 2018 - Logistics Manager Magazine

37pc sales boost for Geodis

Geodis has seen a 37.1 per cent increase in sales to 3,112.6 million for the first half of 2010 thanks to a number of recent acquisitions combined with organic growth.

Significant acquisitions included IBM Global Logisics flow management platform which has gradually been integrated from March 2009, leading to the creation of the company’s Supply Chain optimisation Division.

Other notable acquisitions in clued Giraud International, Cool Jet Sealogis, STSI, Bertola Servizi Logistici, Chevallier and Ciblex.

Revenue rose 11.7 per cent on a like-for-like basis.