GEODIS has finalised its acquisition of PEKAES after obtaining regulatory approval, expanding the company’s presence in Poland and Eastern Europe.

“We are pleased to welcome PEKAES’ customers, employees and management to the GEODIS Group,” announced Marie-Christine Lombard, chief executive officer of GEODIS.

“This acquisition, in a target region for the Group’s development, is a major step towards reaching the goals laid out in our “Ambition 2023” strategic plan. GEODIS now has an increased presence in Europe’s third-largest logistics market, offering Polish companies tremendous international opportunities.”

“This operation will allow us to develop our palletized freight network throughout Europe as we also develop further our abilities in the Polish domestic market,” explains Olivier Royer, GEODIS executive vice president for Road Transport.

GEODIS now has nearly 1,500 employees at 29 sites in Poland, including some twenty hubs spread across the entire territory.