GEODIS, a global leader in the transport and logistics sector, today announced that it has signed a binding agreement to acquire Keppel Logistics. The project will significantly increase GEODIS’ Contract Logistics footprint and eCommerce fulfillment services in Singapore and Southeast Asia. Marie-Christine Lombard, Chief Executive Officer of GEODIS, commented: “The acquisition of Keppel Logistics will mark a key milestone in GEODIS’ Asia-Pacific ambitions. Keppel Logistics is a well-established regional player, with a strong focus on innovation. Through this acquisition which will combine GEODIS’ worldwide leadership with Keppel Logistics’ robust local footprint, we believe we can create great value for our customers, facilitating their growth, particularly in the eCommerce Asian market”. (....)