M&A landscape: nothing chunky to buy, lots to break up
Inspired by the bear, threatened by the bull or vice versa?
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The global freight forwarding company Geodis Wilson has formed a Joint Venture partnership with the regional warehousing and distribution specialist Banz Group in Bahrain. The move forms part of Geodis Wilson’s development strategy to extend and strengthen its global logistics network.
The new joint venture will be based in Juffair, Bahrain, with administrative operations run from an 8,000 square metre warehouse facility. One of the largest facilities of its type in the region, the warehouse operates under state-of-the-art safety and security standards and includes ambient, chilled and frozen storage space.
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