Selon : www.eyefortransport.com
Panalpina acquires Grampian International Freight
________________________________________________
Effective April 1st, 2004, Panalpina has taken over the Scottish freight forwarder Grampian International Freight, headquartered in Aberdeen with operations in England and the Netherlands. (7/5/2004)
With its 150 staff, Grampian will operate as a wholly owned subsidiary of Panalpina United Kingdom and will maintain its company name and brand. Both parties agreed not to disclose the purchase price. The acquisition enables Panalpina to extend its market position in the Oil & Gas business, one of Panalpina’s core industry verticals.
Managing director and one of the founders of GIF, Graham Thom, will continue to assume management responsibilities for the Grampian Group under the new ownership structure. Co-owner William Lamb will act for Panalpina in a consultative role after takeover.
Established in 1984, Grampian International Freight (GIF) specialises in providing transportation and logistics solutions to the Oil & Gas industry. GIF’s main focus is the UK and continental Europe as well as the traditional Oil & Gas markets in Africa, Central Asia, the Americas and the Far East. Grampian is considered one of the market leaders in the Oil & Gas sector, and achieved a turnover exceeding ?27 million in 2003. In 2001, the purchase of Glendee Service Company Ltd. extended Grampians’ transport operations and expanded its business in the non-oil service sector.
“Grampian’s activities and its dedicated distribution concepts will ideally complement our respective services in Europe and will develop our market share both within Europe, as well as in West Africa and the emerging markets in Central Asia and North Africa”, said Bruno Sidler, Panalpina’s CEO. On a global level, Aberdeen is considered to be the second most important location for operators and contractors in the Oil & Gas industry. “A reinforced presence of Panalpina in Europe will strengthen our global market position in this strategic business segment”.
Graham Thom commented: “I’m extremely positive about this acquisition and cooperation. Panalpina’s international network and broad expertise in the forwarding and logistics sector will provide important benefits and opportunities to our customers, especially in the Oil & Gas industry. We’ll be able to make optimal use of synergies for our customers through this integration.”
Panalpina acquires Grampian International Freight
________________________________________________
Effective April 1st, 2004, Panalpina has taken over the Scottish freight forwarder Grampian International Freight, headquartered in Aberdeen with operations in England and the Netherlands. (7/5/2004)
With its 150 staff, Grampian will operate as a wholly owned subsidiary of Panalpina United Kingdom and will maintain its company name and brand. Both parties agreed not to disclose the purchase price. The acquisition enables Panalpina to extend its market position in the Oil & Gas business, one of Panalpina’s core industry verticals.
Managing director and one of the founders of GIF, Graham Thom, will continue to assume management responsibilities for the Grampian Group under the new ownership structure. Co-owner William Lamb will act for Panalpina in a consultative role after takeover.
Established in 1984, Grampian International Freight (GIF) specialises in providing transportation and logistics solutions to the Oil & Gas industry. GIF’s main focus is the UK and continental Europe as well as the traditional Oil & Gas markets in Africa, Central Asia, the Americas and the Far East. Grampian is considered one of the market leaders in the Oil & Gas sector, and achieved a turnover exceeding ?27 million in 2003. In 2001, the purchase of Glendee Service Company Ltd. extended Grampians’ transport operations and expanded its business in the non-oil service sector.
“Grampian’s activities and its dedicated distribution concepts will ideally complement our respective services in Europe and will develop our market share both within Europe, as well as in West Africa and the emerging markets in Central Asia and North Africa”, said Bruno Sidler, Panalpina’s CEO. On a global level, Aberdeen is considered to be the second most important location for operators and contractors in the Oil & Gas industry. “A reinforced presence of Panalpina in Europe will strengthen our global market position in this strategic business segment”.
Graham Thom commented: “I’m extremely positive about this acquisition and cooperation. Panalpina’s international network and broad expertise in the forwarding and logistics sector will provide important benefits and opportunities to our customers, especially in the Oil & Gas industry. We’ll be able to make optimal use of synergies for our customers through this integration.”