Belgium transport group Cobelfret has obtained a minority stake in new Dutch multi modal operator Ge-eX Logistics. By this co-operation both companies want to benefit of their know-how and experiences in multi modal transport. Ge-eX Logistics is an expert in the market of 45 ft pallet wide containers. Cobelfret has an European maritime network.
Gerard de Groot, managing director of Ge-eX Logistics, is very happy with his new shareholder. ,,The relationship with Cobelfret gives us access to a maritime network that we need to expand our business in Europe. Above that, a financial strong partner backs us in future investments.’’
Both Ge-eX Logistics and Cobelfret do not give more details about financial aspects of their co-operation. Both companies underline that Ge-eX Logistics will have its own responsibilities and its own bottom line. The co-operation will be done on a commercial and market conform basis. Mr. De Groot remains the main shareholder of Ge-eX Logistics. The news about Cobelfret as new stakeholder was released during the official start of Ge-eX Logistics in Rotterdam. The new company was ‘launched’ by Mrs. Karla Peijs, former minister of transport and public works of the Netherlands, in presence of Mr. Wim van Sluis, chairman of the Rotterdam Port Promotion Council.