Gefco UK has appointed Zsolt Vecsera as its new MD, in a move the company said will help “continue and steer its direction of growth”. Vecsera (pictured below) has been MD at Gefco Hungary since 2011, where he oversaw the doublingof the company’s profit over five years. Previous to that role he was MD of Raben Logistics, and a group key director at Waberer’s Holding. Marc Cahingt, executive vice president Western Europe and Mediterranean, said: “We are incredibly excited to […]
JSC Russian Railways (RZD), is in talks to buy 75% of Gefco, the logistics arm of cash-strapped car maker PSA Peugeot Citroën for €800m (£640m). PSA Peugeot Citroën said the proposed deal should speed Gefco’s growth by creating a business with enhanced reach in logistics services linking Europe and Asia. The existing management team, led by its president Luc Nadal, will not change, it added. Vitaly Belskiy, from consultancy Frost & Sullivan, said: “The deal is a clear ‘win-win’ for […]
Shipping and logistics giant CMA CGM Group is to acquire nearly 100% of the capital of automotive logistics specialist Gefco in a move which will see the logistics specialist integrated into the group’s subsidiary Ceva Logistics.