Supply Chain News / 3PLs & 4PLs / Ocean
Tradewinds

SDV Acquires Majority Stake In Getco

September 13, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

Logistics services provider SDV has acquired an 80 percent majority stake in Getco, an Italian multimodal transport operator founded in 1977 and headquartered in Milan, Italy.

 

Getco offers ocean consolidation services out of Livorno. With annual revenues of € 15 million and volumes of 8,000 TEUs, Getco's strength is in ocean freight.

 

“Getco enhances our maritime expertise in Italy” confirms Henri Le Gouis, SDV CEO of the Western European area. “Therefore, our leadership is reinforced in the French Overseas Territories and in the Middle East."

Le Gouis continued, "This shareholding follows the buyback of Fast Italy a few months ago and confirms the commitment to achieve better positioning in these main routes out of Italy. This move is part of a major external growth policy aimed at strengthening SDV’s ocean freight offerings in all European countries.”

 

“The arrival of SDV will allow the company to support Getco’s growth while offering many possibilities to our employees”, said Guido Noé, CEO of Getco. “I wish to accompany these developments during the next two years in order to achieve this transition.”

 
SDV, a subsidiary of the Bolloré Group, is a global leader in supply chain management ranking among the world’s top 10 in transport and logistics with a network of 540 offices in 93 countries
 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Five Wearable Manufacturing Technologies of the Future

Video applications, Employee Monitoring, Field service, Plant monitoring, Improving employee safety.

For more manufacturing insights, visit www.exactonline.com.

 

Podcasts

Assurance of Supply: A Top Concern for Manufacturers

Every manufacturer has an assurance of supply problem to some extent due to the complexity of global sourcing. For years, manufacturers were blessed with high margins but margins have grown paper thin. You can’t fill up your distribution centers with excess inventory – not only is there a cost factor but the pace of business and consumer buying trends causes goods to quickly turn obsolete. Assurance of supply provides the speed and agility that is essential to being able to compete in today’s market.

 

Speaker info: Diane Palmquist, VP Manufacturing Industry Solutions

                                         

More Podcasts

World Trade 100 Magazine

wt100 cover december 2014

2014 December

Check out the December 2014 edition of World Trade WT100, featuring our cover story on Air Cargo, The Alliance Awards, plus much more!

Table Of Contents Subscribe

Transportation Capacity

As peak season has gotten underway, what is your experience with transportation capacity?
View Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members