GEODIS has announced that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the US, with annual revenue in excess of €1.2 billion. This acquisition is effective from 3 November. The combined structure will generate a consolidated annual turnover of over €8 billion with more than 38,000 employees and 165,000 customers. With around 400 logistics … [Read more...] about GEODIS completes acquisition of US-based OHL
OHL
GEODIS completes acquisition of US-based OHL
GEODIS has announced that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the US, with annual revenue in excess of €1.2 billion. This acquisition is effective from 3 November. The combined structure will generate a consolidated annual turnover of over €8 billion with more than 38,000 employees and 165,000 customers. With around 400 logistics … [Read more...] about GEODIS completes acquisition of US-based OHL
GEODIS acquires US third-party logistics provider OHL
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 direct-to-consumer fulfilment, specialising in apparel, electronics, healthcare, food and beverage, and consumer packaged goods. The firm is … [Read more...] about GEODIS acquires US third-party logistics provider OHL
