Infos Transport (Patrice Salini)

Communiqué d'Exel : EXEL ACQUIRES LEADING ITALIAN LOGISTICS CAPABILITY 10 November 2003 (London, UK - 10 November 2003) Exel, a world leader in supply chain management solutions, announced today that it is acquiring Cappelletti Spa, a leading Italian logistics business based in Milan. Focused on providing solutions to consumer products and retail companies, Cappelletti had turnover of over €44m in 2002. Strengthening Exel's logistics operations in Italy has for sometime been a strategic priority for the Group. Demand for professional outsourced logistics solutions continues to grow in Italy, providing opportunities for international logistics specialists to use local skills to build on established global customer relationships. Over the last few years Exel has developed a leading freight forwarding business in Italy and has started to develop contract logistics solutions for the healthcare and retail sectors. An established business with a s