SNCF Wants to Buy Geodis

French railway giant SNCF plans a significant acquisition of German logistics firm Geodis, aiming to transform it into a leading global freight transport company.

April 10, 2008 11:26 pm | Last Update: August 1, 2015 11:28 pm

French railway SNCF has launched a full-scale takeover bid for transport and logistics firm Geodis to create a large global freight transport company.

SNCF, which already owns 42 percent of Geodis, has valued the bid for the company at €1.1bn.
SNCF Chairman Guillaume Pépy last month announced that he wanted to make SNCF one of the world’s top five logistics operators by 2012.

TAGS: sncf geodis, sncf geodis group, sncf geodis investor, sncf geodis services sarl, sncf logistic services

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