Conf call redux: Turning Schenker into DSV
Managing expectations
Geodis is set to expand its logistics presence in the healthcare vertical after signing an agreement to acquire France-based temperature-controlled pharmaceutical transport specialist Gandon Transports.
Gandon operates 11 temperature-controlled cross-docking operations across France, as well as a fleet of temperature-controlled trucks able to ship goods at between 2C-8C, and 15C-25C.
According to analyst Dun & Bradsheet, Gandon has 280 employees and saw revenues of $32.14m in 2020.
The purchase price was not disclosed.
“This acquisition will consolidate Geodis’ status as a key player in ...
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Comment on this article
Jason Cook
July 12, 2021 at 3:27 pmThe Temperature controlled space is growing rapidly with new innovations in the Pharma space. Great move Geodis!