SNCF Wants to Buy Geodis

SNCF Wants to Buy Geodis
April 10, 2008 11:26 pm

French railway SNCF has launched a full-scale takeover bid for transport and logistics firm Geodis to create a large global freight transport company.

SNCF, which already owns 42 percent of Geodis, has valued the bid for the company at €1.1bn.
SNCF Chairman Guillaume Pépy last month announced that he wanted to make SNCF one of the world’s top five logistics operators by 2012. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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