GEODIS finalised its acquisition of Keppel Logistics after obtaining regulatory approvals. This transaction consolidates GEODIS’ Contract Logistics footprint and e-Commerce fulfillment services in Asia-Pacific and particularly in Singapore.

Based in Singapore, Keppel Logistics is a Contract Logistics specialist with close to 500 employees. Active throughout Asia-Pacific, Keppel Logistics (ranked in the top 5 contract logistics players in Singapore) operates circa 200,000m² of warehouse space across Singapore, Malaysia and Australia, which will complement GEODIS’ existing high-tech facilities, including its chemical, ambient temperature and temperature-controlled storage.

“We are pleased to welcome Keppel Logistics’ customers, employees and management to the GEODIS Group,” announced Marie-Christine Lombard, Chief Executive Officer of GEODIS. “The acquisition of Keppel Logistics marks a key milestone in GEODIS’ Asia-Pacific ambition, increasing our Contract Logistics footprint and e-Commerce fulfillment services in Singapore and Asia-Pacific.”

This acquisition is a significant step along GEODIS’ strategic roadmap for the Asia-Pacific region, where GEODIS now employs 4,200 people spread over 85 sites