Global logistics provider GEODIS has reached an agreement with Deret SAS to acquire a significant portion of the Deret Group’s transport and logistics operations in France.
The strategic acquisition reinforces GEODIS’s contract logistics market share in Europe while expanding its specialized handling capabilities within the luxury, cosmetics, and pharmaceutical sectors.
Acquisition Scope and Real Estate Assets
The transaction transfers key operating entities, transport networks, and warehouse real estate into GEODIS’s European network:
- Corporate Entities Acquired: Includes Deret Logistique and Deret Transporteur, alongside subsidiaries Sogipac, Logtex, and Deret Services Numériques.
- Facility and Transport Footprint: Integrates 28 logistics sites and 13 transport distribution agencies across France, adding 2,400 employees to GEODIS’s workforce.
- Real Estate Clustering: Secures a major real estate asset portfolio, significantly expanding GEODIS’s warehouse footprint in the key Orléans logistics hub.
- Target Sectors: Enhances specialized logistics and fulfillment solutions for high-end luxury goods, beauty products, cosmetics, and pharmaceuticals.
Regulatory and Corporate Steps
Founded in 1947, Deret provides end-to-end supply chain management for major international and domestic brands. The completion of the transaction remains subject to customary employee representative consultations and regulatory approval from merger control authorities.
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