ID Logistics finalises the acquisition of CEPL

Regulatory News:

Following the preliminary agreement signed on 13 June 2013, ID Logistics (Paris:IDL) is today announcing that it has finalised the acquisition of CEPL. This deal will make ID Logistics the French leader in highly-automated solutions for retail order fulfilment.

The Group is adding some prestigious brands and high-potential business segments to its customer portfolio, such as electronics, fragrances, textiles and e-commerce. ID Logistics is also strengthening its European coverage, extending its footprint to Germany and the Netherlands and consolidating its longstanding positions in Spain.

With this acquisition, ID Logistics is bolstering its unique positioning as a contract logistics specialist, providing an extensive range of services adaptable to all customer segments, including traditional retail, industrial and consumer goods markets, as well as specialised industries and e-commerce.

The combined entity will leverage on 168 facilities in 14 countries, representing 3.1 million square meters in operation, with a workforce of 12,300 employees. The Group is expected to record pro forma revenues in 2013 above €800 million.

NEXT REPORTS

• Publication of second-quarter 2013 revenues after the market closes on 24 July 2013.
• Publication of interim 2013 results after the market closes on 28 August 2013

ABOUT ID LOGISTICS

ID Logistics is an international contract logistics Group. In 2012, the Group recorded revenues of €560 million with more than 10,000 employees at some 141 sites in 12 countries and over 2.5 million square meters of warehousing facilities in Europe, Latin America, Asia and Africa. A major supplier to the retail, industry and e-commerce sectors, ID Logistics delivers high-tech solutions and is firmly committed to sustainable development. ID Logistics is listed in Compartment C of NYSE Euronext’s regulated market in Paris (ISIN Code: FR0010929125). The Group is managed by Eric Hémar.