GEODIS has finalised its acquisition of the Polish logistics company Pekaes after obtaining regulatory approval.

Geodis CEO Marie-Christine Lombard said she was pleased with the acquisition.

 “This acquisition, in a target region for the group’s development, is a major step towards reaching the goals laid out in our ‘Ambition 2023’ strategic plan,” she said.

“Geodis now has an increased presence in Europe’s third-largest logistics market, offering Polish companies tremendous international opportunities.”

Geodis said the acquisition expands its operations in Poland, as well as in the German market – Poland being an integral part of the German production chain – and in Central Europe as a whole.

Integration of the Pekaes business will be led by Geodis’ road transport line of business, already established in Poland.

Geodis executive vice-president for road transport Olivier Royer said the operation will allow the company to develop its palletised freight network throughout Europe

“Pekaes’ multimodal lines out of Poland represent a real growth opportunity for this mode of transport. They will supplement our lines in Western Europe, which are currently experiencing strong growth given our customers’ desire for transport with a low environmental impact.”

Pekaes CEO Maciej Bachman said the acquisition marks a new chapter in the history of his company.

“It provides many opportunities for our customers, partners and employees. Our customers can now benefit from the power of a global network to help them grow. For our teams, this means new growth opportunities in a strong international organization,” he said.

“We are delighted to join the Geodis group, with whom we share the commitment to help our customers overcome their logistical constraints.”

Geodis said it now has nearly 1500 employees at 29 sites in Poland.