GEODIS, the European supply chain operator owned by French rail company SNCF, has sealed the deal to buy US-based third-party logistics provider Ozburn- Hessey Logistics (OHL). OHL operates more than 120 distribution centres in North America with over 3.35 million sqm of warehouse space and has a turnover of €1.2 billion.
OHL has a core competency in directto- consumer fulfilment, specialising in apparel, electronics, healthcare, food and beverage, and consumer packaged goods. The firm is currently owned by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
“We are proud to welcome the customers and employees of OHL to GEODIS and to provide our global customers with OHL’s expertise and presence in the North American market” says Marie-Christine Lombard, CEO of GEODIS. “Likewise GEODIS offers a second-to-none Global footprint for North American corporations and the clients of OHL seeking to grow internationally.”
GEODIS operates in more than 67 countries through its five lines of business: Supply Chain Optimisation, Freight Forwarding, Contract Logistics, Distribution & Express and Road Transport.