D Logistics subsidiary, Deufol Tailleur, has strengthened its position in Europe with the acquisition of the Logis Group.
The Logis Group comprises Logis prùmyslové obaly (Ivanèice, Czech Republic), Logis priemyselné obaly (Krušovce, Slovakia) and Logis Industriedienstleistung (Tulln, Austria).
The purchase price of €6.5 million is fixed, with a further payment of up to €2.5 million conditional on the sales and earnings development of the companies between 2007 and 2009.
In April 2007, Deufol Tailleur strengthened its domestic position in Germany with the acquisition of the Walpa group. The Logis deal is in line with Deufol Tailleur’s growth strategy to expand the industrial goods packaging into foreign countries.
The Deufol Tailleur group represents D Logistics in the industrial goods packaging segment, with revenues of €107 million in the first nine months of 2007.
The Logis group is expected to achieve sales of around €10 million in 2007.
The Logis Group comprises Logis prùmyslové obaly (Ivanèice, Czech Republic), Logis priemyselné obaly (Krušovce, Slovakia) and Logis Industriedienstleistung (Tulln, Austria).
The purchase price of €6.5 million is fixed, with a further payment of up to €2.5 million conditional on the sales and earnings development of the companies between 2007 and 2009.
In April 2007, Deufol Tailleur strengthened its domestic position in Germany with the acquisition of the Walpa group. The Logis deal is in line with Deufol Tailleur’s growth strategy to expand the industrial goods packaging into foreign countries.
The Deufol Tailleur group represents D Logistics in the industrial goods packaging segment, with revenues of €107 million in the first nine months of 2007.
The Logis group is expected to achieve sales of around €10 million in 2007.