• With this transaction Logista becomes 100% owner of Speedlink, reinforcing its position in the premium courier segment in The Netherlands

Logista, one of the largest logistics operators in Europe, has announced the increase in its stake of the Dutch company Speedlink Worldwide Express, a specialist in express (time critical) deliveries to and from the Netherlands.

The Company announced in February 2022 the acquisition of 70% of Speedlink in an agreement which contemplated reaching a 100% stake, milestone reached today through the acquisition of the remaining 30%.

Speedlink, based in Hoofddorp, near Schiphol Airport, serves growth sectors and has developed a unique business model, based on an asset-light structure, and specialised in time critical transport services for healthcare, high-tech, automotive and e-commerce sectors.

The acquisition of Speedlink led to the international expansion of Nacex's services in The Netherlands, which was subsequently complemented by the acquisition of Belgium Parcel Services in December 2023, strengthening Logista's position in medical/healthcare distribution by expanding its catalogue of services outside the Iberian Peninsula.

Speedlink offers premium express delivery services mainly to Spain, Portugal, Germany, and the UK.

About Logista  - www.logista.com

Logista is one of the top logistics operators in Europe, specialising in proximity distribution channels. The company regularly serves nearly 200,000 sales points throughout Spain, France, Italy, Portugal, the Netherlands, Belgium and Poland, and facilitates the best and fastest market access for a broad range of retail products, pharmaceuticals, electronic recharges, books and other publications, tobacco and lottery products, among others. In addition, Logista operates the largest transportation network in Spain, which is also certified for food safety.    

Logista maintains a team of highly qualified professionals, comprised by over 7,400 direct employees, and has a large number of indirect collaborators who work in our different activities and countries such as Nacex franchisees, Logista Parcel delegates, drivers, etc. promoting local employment. All employees and collaborators are focused on providing service to customers and adapting to their needs in the most efficient manner.     

Committed to Sustainability

For the seventh consecutive year, Logista has kept its leadership position in CDP, which recognises the leading global companies in the fight against climate change. Logista is the only European distributor to be included in this list for such period.

In addition, Logista's firm commitment to sustainability was recognised in May 2024 by Sustainalytics, one of the leaders in the assessment of Corporate Social Responsibility and Corporate Governance worldwide. After evaluating the Company's ESG criteria, it has awarded it an ESG risk rating of 16.5 points, which considers it to be at Low Risk of experiencing material financial impacts due to ESG factors and grants it accreditation as Industry TOP RATED 2024 - which assesses high performance in its sector outside of Sustainalytics' comprehensive coverage universe, achieving one of the top 50 ratings in the Transportation industry.

Also, as a result of its firm commitment to Corporate Social Responsibility, Logista has once again managed to position itself among the leaders in the sector by being recognised in 2024 with an MSCI rating of A, whose scale is AAA-CCC.

Logista is also part of the FTSE4Good IBEX index, made up of companies that demonstrate solid environmental, social and corporate governance practices, and the Ibex Gender Equality. Logista was also included in the Ibex 35 in 2022.

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Compañía de Distribución Integral Logista Holdings SA published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 15:20:19 UTC.