News / Geodis set to expand its US footprint after receiving green light for takeover of OHL

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France’s biggest supply chain and logistics group Geodis has announced that it has received regulatory approval for its acquisition of Nashville, Tennesse-headquartered forwarder OHL (Ozburn-Hessey Logistics) from its private equity owners.

The deal announced in August for an undisclosed sum – rumoured to in the region of $800m – is set to boost state-owned Geodis’s annual turnover by around €1.2bn to over €8bn, while its 8,000 staff will give the merged group a combined workforce of 38,000 around the world.

“The acquisition ...