GEODIS announced the completion of the acquisition of trans-o-flex, a German company specialising in temperature-controlled pharmaceutical goods transportation and express premium delivery, following regulatory approval.
GEODIS believes this acquisition will enhance the company's delivery capabilities in Europe, as it is adding a wide range of services for time-critical deliveries to its portfolio and offers a fast, reliable and time-definite delivery service in Germany.
The German firm trans-o-flex will remain independent and will be run under the leadership of Wolfgang P. Albeck as CEO. The company will operate under a supervisory board chaired by Marie-Christine Lombard, with Christoph Schoeller as deputy chairman.
In line with GEODIS, Trans-o-flex will report to the Europe region under the leadership of Thomas Kraus. To ensure commercial synergies, Wolfgang P. Albeck will join the executive board of GEODIS’s Europe region.