Geodis is looking to strengthen its contract logistics footprint and enhance its e-commerce fulfillment services in Asia Pacific after it signed a binding agreement to acquire Keppel Logistics earlier this week.

With the acquisition, Geodis will further expand its footprint in Asia Pacific, adding to recent investments in contract logistics sites in India, South Korea and Australia.

Singapore-based Keppel Logistics offers end-to-end B2B and B2C logistics solutions, including warehousing and last-mile delivery, with strong capabilities in e-commerce omnichannel service offerings thanks to its subsidiary UrbanFox.

Ranked in the top 5 of the city state’’s contract logistics players, the company owns more than 200,000 square metres of warehouse space across Singapore, Malaysia and Australia.