European logistics service provider Vos Logistics will strengthen its position in the Benelux through the acquisition of 100% of the shares of SNEL Shared Logistics, based in Woerden in the Netherlands.
SNEL Shared Logistics operates a warehouse space of 65,000 square metres in Woerden, offering opportunities for warehousing and order fulfilment for customers.
Peter de Vries, director and owner of SNEL Shared Logistics, will join the management team of Vos Logistics and will remain responsible for the operation in Woerden.
"Together we are even better able to respond to the growing demand for more efficient and sustainable mobility and logistics,” commented Frank Verhoeven, CEO of Vos Logistics. “By combining the goods flows of both organisations, we increase the occupancy rate of vehicles. This reduces CO2 and nitrogen emissions, and enables us to respond in time to the energy transition for distribution in cities.”
Ben Vos, CFO of Vos Logistics, added: “By scaling up and digitising business processes, we are able to deliver faster throughout the Benelux, better integrate with customers' systems and keep rising costs under control. In this way, we remain an attractive partner to work with."
According to de Vries, the takeover is the ‘best of both worlds coming together’: "Vos Logistics offers an excellent basis for the continuity and expansion of my company. In combination, we can grow with our customers. Although our positions are currently well filled, I am convinced that together we will be even better able to offer employees an attractive perspective and thus anticipate the scarce labour market."
Toine van Gils, Vos Logistics Solutions’ managing director, concluded: "We have been working together for a number of years with SNEL Shared Logistics taking care of the finely meshed distribution for our warehouse customers. This is to the satisfaction of the parties involved. The cultures of both companies fit well together and we are complementary in our services.”
The transaction is pending approval by the Dutch Authority for Consumers and Markets.
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