The Geis Group sells its parcel companies in the Czech Republic and Slovakia to DPDgroup. This will enable both groups to strengthen their core business: last mile delivery for DPD and international distribution and logistics services for Geis in both countries. The transaction is subject to approval by the anti-trust authorities. “In this rapidly growing parcel market, we want to further develop our business to better support the development of our customers”, explains Yves Delmas, COO Europe DPDgroup. “We are therefore very pleased that we were able to reach an agreement with Geis.”
The transaction is also the strategically right step for the Geis Group: “Now that we have been co-developing the parcel markets in the Czech Republic and Slovakia for over 25 years, it is the right time for us to hand over the parcel business to a specialised company with European coverage”, say Hans-Georg Geis and Wolfgang Geis, Managing Partners of the Geis Group.
“In the future, we want to concentrate on our traditional core businesses of forwarding services, contract logistics and air and sea freight and further expand our strong market position in Central Europe”. In the Czech Republic and Slovakia, the Geis Group is already the market leader in the national general cargo sector. In parcel logistics, Geis will work closely with DPD in the future.
Since its foundation in 1945, the Geis Group, headquartered in Bad Neustadt, Franconia, has developed into a global full-service logistics provider with more than 6,500 employees at 116 network and logistics locations throughout Europe. The owner-managed company offers its customers the complete range of logistics services: from classic truck transport to global air and sea freight to complex logistics services.