Following our recent announcement on the offer to acquire one third of the shares in sim cargo GmbH, we are delighted that the groupage network has accepted our offer.
Alexander Bauz (representing ILN and sim cargo), Jens Bottenhorn (representing S.T.a.R.), Andreas Klusacek and Roman Nickl (both representing cargo-partner) have signed the contract of the underlying offer – a first step to move in the right direction in a multi-stage closing process.
We have been part of the groupage network and a system partner of sim cargo for many years now, especially for the last-mile distribution in Central and Eastern Europe.
Our CEO Stefan Krauter says: “This strategic investment represents the logical conclusion of our long-standing partnership with sim cargo. We are keen to join forces with sim cargo, one of the largest European road groupage networks, in order to strengthen our network and close the last mile for our customer base in Europe.”