WINCANTON ACQUIRES GERMAN SPECIALIST MIDIDATA
Communiqué de Wincanton
REF: WINDATE: 23.12.04
Source : http://www.wincanton.co.uk/
WINCANTON ACQUIRES GERMAN SPECIALIST MIDIDATA
-Creates leading position in high-tech logistics -
European supply chain solutions provider Wincanton is acquiring specialist high-tech logistics provider midiData, based in Langen, Germany from Sirva, Inc. for approximately £7m in cash.
The acquisition will strengthen Wincanton's existing position in the specialist area of logistics services for high-tech customers. The new combined business unit will operate under the brand 'Wincanton midiData', and will be a leading operator in this sector in Germany. The enlarged business will have a strong European reach and an excellent customer and skill base.
Paul Bateman, Wincanton´s Chief Executive, explains: "Wincanton midiData will be a strong, highly skilled business that will have a leading position in the area of high-tech logistics. This move will enable us to broaden our serv