It is my pleasure to announce that the BBL Group continues its consolidation of the freight forwarding segment with the recently signed acquisition on 25 July 2017 of the DONAU TRANS EST company.
The DONAU company (meaning DANUBE in English) is an international charterer, historical competitor of BBL, specialized on Eastern Europe.
Based in the Paris area, this company reaches an annual turnover close to 6 M€ and will achieve a post-closing operating income of 4 to 5 % as of fiscal year 2018. This company has been taken over by our entity Marichal Logistics in Aulnay sous Bois and will be led by Sébastien Morsalinne. The move to the Marichal premises is planned for the beginning of September.
We thank Mr Philippe Laurent for supporting the transmission and the transition before leaving.