Geodis Ciblex (Acquired by SNCF Geodis 2010)

2010

March - Geodis acquired Ciblex, France's fourth-ranked groupage operator and a specialist in small parcel express delivery. Geodis said that it was pursuing several objectives through the acquisition.

It wished to:

• reinforce its position in the parcel service, a market that had developed considerably over the last few years mainly with the growth of e-commerce in which Ciblex was a leading operator.
• develop its technical expertise specific to parcel processing, relying on an independent network of more than 700 service providers.
• improve its value-added services offer that met the needs of the Group's customers mainly in the sectors of e-commerce, healthcare, optical, high tech and spare parts.
• complete the Geodis transport network in Benelux.

The director of the Groupage/Express division, said: "I would like to welcome the Ciblex teams, who share the same values, quality of service and respect of commitments, which are vital for our customers."

The deputy CEO of Geodis, concluded: "I am very pleased with this acquisition, which is part of our strategic priorities and enables us to enrich our global European service offering with specific expertise that will attract our international customers."

Ciblex, originally formed in 2004 through a management buyout, was a former Hays DX subsidiary in France and Belgium.

The company offers specialised express services through a national and European network. The company offers a range of services including time definite express delivery, mail solutions and logistics services for customers in the health, optical, high tech, automotive, industrial spare parts and communication sectors.