ID Logistics Finalizes the Acquisition of Logiters

Regulatory News:

Following the preliminary agreement signed on 27 June 2016, ID Logistics (Paris:IDL) is today announcing that it has finalized the acquisition of Logiters, a leading contract logistics operator in Spain and Portugal (revenues of €250 million in 2015, 50 warehouses and 3,300 employees).

By acquiring Logiters, ID Logistics pursues its international growth strategy by strengthening its leadership position in Europe.

The Group is adding some high-potential business segments to its customer portfolio, such as healthcare / pharmaceuticals and automotive, while consolidating its leading market position on the traditional FMCG and retail sectors.

With the acquisition of Logiters, ID Logistics is bolstering its positioning as a contract logistics pure player, providing its existing and future customers an extensive and innovative range of services at a pan European scale.

The combined entity leverages on 275 facilities in 16 countries, representing more than 5 million square meters in operation, with a workforce of 18,500 employees.

NEXT RELEASE

2016 Half-year results: 31 August 2016 after markets’ close.

ABOUT ID LOGISTICS

ID Logistics is an international contract logistics group, with revenue of €930.8 million in 2015. ID Logistics has 275 sites across 16 countries, representing close to 5 million square meters of warehousing facilities in Europe, Latin America, Asia and Africa, and 18,500 employees. With a client portfolio balanced between retail, industry, detail picking and e-commerce sectors, ID Logistics delivers high-tech solutions and is firmly committed to sustainable development. ID Logistics is listed on Compartment B of NYSE Euronext’s regulated market in Paris (ISIN Code: FR0010929125). The Group is managed by Eric Hémar.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160824005807/en/