Updates

Intended takeover of SNEL Shared Logistics

01/12/2019

Vos Logistics plans to strengthen market position through intended acquisition SNEL Shared Logistics 

  • Major step in strengthening the position in distribution and warehousing in the Benelux
  • Connects to growth in e-commerce fulfilment and home deliveries
  • Broader basis for anticipating challenges with regard to digitisation and sustainability
  • Complementarity and connection of cultures good basis for cooperation

 

European Logistics Service Provider Vos Logistics plans to strengthen its position in the Benelux by the intended acquisition of 100% of the shares of SNEL Shared Logistics in Woerden. This acquisition is in line with Vos Logistics' strategy of further growth in the field of distribution, warehousing and cross-docking of goods with a focus on B2B, retail, e-commerce fulfilment and the delivery of, in particular, larger products to consumers. With a location of 65,000 m2 in Woerden, SNEL Shared Logistics is well positioned in the heart of the Netherlands and is able to supply shops, businesses and consumers quickly and efficiently. In addition, the location offers opportunities for warehousing and order fulfilment for customers. Peter de Vries, director and owner of SNEL Shared Logistics will be part of the management team of Vos Logistics and will remain responsible for the operation in Woerden.

Sustainability is of the utmost importance to both companies: "Together we are even better able to respond to the growing demand for more efficient and sustainable mobility and logistics. By combining the goods flows of both organisations, we increase the occupancy rate of vehicles. This reduces CO2 and nitrogen emissions, and enables us to respond in time to the energy transition for distribution in cities," according to Frank Verhoeven, CEO Vos Logistics.

Ben Vos, CFO Vos Logistics: By scaling up and digitizing business processes, we are able to deliver faster throughout the Benelux, better integrate with customers' systems and keep rising costs under control. In this way, we remain an attractive partner to work with."

Peter de Vries, Director SNEL Shared Logistics views the takeover as the best of both worlds coming together: "Vos Logistics offers an excellent basis for the continuity and expansion of my company. In combination, we can grow with our customers. Although our positions are currently well filled, I am convinced that together we will be even better able to offer employees an attractive perspective and thus anticipate the scarce labour market."

Toine van Gils, Managing Director Vos Logistics Solutions is looking forward to benefiting from the good reputation and experience of SNEL Shared Logistics: "We have been working together for a number of years with SNEL Shared Logistics taking care of the distribution for our warehouse customers. This is to the satisfaction of the parties involved. The cultures of both companies fit well together and we are complementary in our services".

The transaction is pending approval by the ACM. The works councils of both companies have already given positive advice on this acquisition.