Gefco SA and RZD sign shareholder’s agreement

Russian Railways and Peugeot Citroën sign shareholders’ agreement on logistics company Gefco
 
Vladimir Yakunin, President of Russian Railways, and Philippe Varin, Chairman of the Managing Board of Peugeot S.A., have signed a shareholders’ agreement on Gefco SA, the parent company of the international logistics group Gefco. The agreement was signed in Paris on Tuesday, 27 November 2012, and will define the relationship between the future shareholders in the company’s management.
 
Russian Railways and PSA Peugeot Citroën had previously signed a purchase agreement for 75% of the share capital (voting shares) of the company Gefco SA. The total value of the transaction will be EUR 800 million.
 
The deal will enable the Gefco Group to strengthen its position on the international market by developing new directions, while Russian Railways will have access to new modern 4PL/3PL logistics technologies. The acquisition of the French logistics company will enable Russian Railways to attract more transit traffic on the Europe – Asia transcontinental route.

Quelle: LogEastics

Portal: www.logistik-express.com