Norbert Dentressangle has entered into agreement to acquire the logistics assets of the G7 Group in a deal expected to be concluded in July 2014. Primarily located between the Paris area, Northern France and the urban areas of Lyon, Toulouse and Marseilles, there are nine warehouses involved totalling some 174,000 sq.m.which specialise in logistics for the retail, FMCG, textile and industrial sectors. Herve Montjotin, Chairman of the Executive Board commented “This transaction is in keeping with the planned expansion of our logistics operations in France, as it enables us to boost our ties with major long-standing customers, and paves the way towards new commercial successes.”
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