France-based transport and logistics company GEODIS has completed the acquisition of Swiss forwarder ITS – International Transport & Shipping Ltd. announced.
ITS was founded in 1992 and is headquartered in Reinach in the canton of Basel-Landschaft. The company’s main offering is high-tech “special services,” arranging transportation and logistics for special projects and outsize equipment for the industrial, automotive and defense sectors, the statement said.
Marie-Christine Lombard, CEO of GEODIS, said: “Switzerland is home to a large number of multinational companies that are important GEODIS customers, including several dynamic members of the pharmaceutical industry.”
She added: “With the acquisition of ITS, GEODIS comes one step closer to its goal of completing a global end-to-end network to serve its customers.”