News - 11 June 2008
Geodis Wilson acquires Oughtred & Harrison Shipping
Geodis Wilson has strengthened its growing business in the UK. The acquisition of Oughtred & Harrison Shipping will boost the ocean export segment of Geodis Wilson and extend the global network coverage in China and Benelux.
O&H Shipping is an air and sea freight forwarder with almost 100 employees, mainly based in Northern England, but also in Belgium and China. Serving more than 1,900 customers, O&H delivers about £35.0 million to the Geodis Group’s net sales. For Geodis, the O&H acquisition is an important step in its long term growth ambition and strengthens its presence in the market. The eventual merger of the two companies brings Geodis closer to achieving its objective of being a Top five freight management company in the UK. Both from a geographical and from a functional point of view, there are no essential overlaps, which will lead into a straight integration process that will be completed within the next 12 months. The combined businesses at current trading will generate over £90.0 million in Net sales with 290 employees based in 14 locations across the UK.
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