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Major step forward to consolidate GEODIS’ presence in the region
GEODIS has reached an agreement with Innova Capital for the acquisition of PEKAES, a leading LTL (Less-Than-Truckload) and FTL (Full-Truckload) network in Poland. This acquisition is a major step forward to consolidate GEODIS’ presence in this region, which it considers strategic for the Group’s development.
PEKAES has an excellent local geographical coverage and its team is well recognised for its professionalism. Complementary customer portfolios and combined capabilities will offer Polish companies extensive international opportunities, while existing GEODIS’ customers will benefit from PEKAES’s expertise in Poland.
Created in 1958, PEKAES operates one of the leading FTL and LTL network in Poland for palletised freight. With 20 branches covering the whole of Poland, PEKAES handles all the national and international flows of some 10,000 active customers. The Company also carries out, intermodal road-rail transport operations and offers additional logistics services on six dedicated sites. PEAKES employs around 1,200 people.
PEKAES will join GEODIS Road Transport line of business. The transaction will take effect after completion of the usual regulatory formalities.