Spedimex joins forces with ID Logistics

ID Logistics, managed by Eric Hémar, is an international contract logistics group with revenue of €2.5 billion in 2022. ID Logistics manages 365 sites across 17 countries representing more than 8 million square meters of warehousing facilities in Europe, America, Asia and Africa, with 30,000 employees.
With a client portfolio balanced between retail, e-commerce and consumer goods, ID Logistics is characterized by offers involving a high level of technology. Developing a social and environmental approach through a number of original projects since its creation in 2001, the Group is today resolutely committed to an ambitious CSR policy.

This strategic acquisition is motivated by the close proximity of cultures and the very similar business models of the two companies: asset light approach, dedicated warehouses, solutions adapted to the specific needs of each operation. The complementarity of customer portfolios and technical expertises between Spedimex and ID Logistics will also allow the development of significant commercial synergies, in particular for leading international customers.

MANAGEMENT COMMENTS

Eric Hémar, Chairman and CEO of ID Logistics comments: « We are particularly pleased with the acquisition of Spedimex. We have a very similar culture and values, in particular the cult of customer proximity and innovation. This acquisition leads us to become one of the leaders on the Polish market which is one of the most dynamic in Europe and brings us a portfolio of new leading customers that we will develop in other countries of the Group».

Marcin Bąk, Chairman and CEO of Spedimex comments: « We are happy to join forces with ID Logistics, which will allow our customers to take advantage of global logistics solutions. During the past 30 years, we have gradually developed our business, transforming it into a logistics operator with a potential of over 230 000 m2 of warehouse space and a team of 2 000 people. We are extremely proud of the international portfolio of brands that have trusted us. The innovative business model and international potential of ID Logistics Group are what I am excited about. I am convinced that our common values, such as professionalism, commitment, and innovation, will allow us to continue developing our clients and employees in the future. »

Yann Belgy, General Manager of ID Logistics Poland: «Spedimex has developed fantastic know-how and teams since its beginning. We are very excited and glad to join our forces. I am deeply convinced that this will allow to deliver even more value and opportunities for both Spedimex and ID Logistics’ customers and employees. »


TRANSACTION OVERVIEW

The transaction remains subject to the approval of the competent Polish antitrust authorities. The acquisition is expected to be completed by June 2023.