DGAP-News: Logwin AG / Key word(s): Disposal
Logwin sells three locations to Geis
08.06.2013 / 14:07
---------------------------------------------------------------------
Logwin sells three locations to Geis
Bad Neustadt (Germany) and Grevenmacher (Luxembourg) - The international
logistics service provider Logwin is selling locations of Logwin Solutions
Deutschland GmbH in Nuremberg, Gochsheim/Schweinfurt and Ludwigsburg to the
Geis Group. The corresponding agreement was signed today. The sale is still
subject to approval by the competition authorities.
The focus of the three locations being sold is land transportation with
associated logistics activities. Around 425 employees generated sales of
about 105 million euros in 2012.
'We are pleased to be able to further expand our regional presence with
these three locations and we extend a warm welcome to the new employees of
the Geis Group,' state Geis Holding Directors Joachim Fink and Dr. Johannes
Söllner. 'The three locations operate profitably and have relationships to
established customers stretching back many years.'
The Geis Group, with its headquarters in the Franconian town of Bad
Neustadt, was founded in 1948 and has developed into a global full-service
logistics service provider with over 4,100 employees at its 87 network and
logistics sites throughout Europe. The owner-operated company offers its
customers the complete range of logistics services from traditional road
haulage to global air and sea freight and complex logistics solutions.
About Logwin AG
Logwin AG, Grevenmacher (Luxembourg), develops comprehensive logistics and
service solutions as an external partner for industry and trade. In 2012,
the group generated sales of 1.3 billion euros and currently employs
approximately 5,200 staff. Logwin operates in all main markets worldwide
and has over 250 locations across all continents.
Your contact at Logwin: www.logwin-logistics.com
Mara Hancker
Public Relations
Phone: +352 719690-1354
Fax: +352 719690-1359
pr-info@logwin-logistics.com
Dr. Karl-Heinz Kramer
Investor Relations
Phone: +352 719690-1112
Fax: +352 719690-1359
ir-info@logwin-logistics.com
Your contact to Geis: www.geis-group.com
Press Office Geis Group
STROOMER PR | Concept GmbH
Christian Stephan
Rellinger Str. 64a
D-20257 Hamburg
Phone: +49 40 853133 16
Fax: +49 40 853133 22
stephan@stroomer-pr.de
End of Corporate News
---------------------------------------------------------------------
08.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Logwin AG
an de Längten 5
L-6776 Grevenmacher
Grand Duchy of Luxembourg
Phone: +352 719 690 0
Fax: +352 719 690 1359
E-mail: ir-info@logwin-logistics.com
Internet: www.logwin-logistics.com
ISIN: LU0106198319
WKN: 931705
Indices: Prime All Share (PXAP), Classic All Share (CLXP),
DAXsector All Transportation & Logistics (4N87), DAXsector
Transportation & Logistics (CXPL), DAXsubsector All
Logistics (4N99), DAXsubsector Logistics (I1LB)
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
215555 08.06.2013
DGAP-News: Logwin sells three locations to Geis
| Source: EQS Group AG