European logistics firm Jacky Perrenot is back on the acquisition trail after snapping up ArrowXL in the summer and is now in negotiations to buy Dutch-based Vos Logistics.
The proposed acquisition is part of Jacky Perrenot’s international development strategy and its ambition to reach €2bn in revenue by 2027.
The completion of the transaction remains subject to customary consultation and regulatory approvals.
Should the deal go ahead, the group believes it will reinforce its B2B capabilities at a European scale, while continuing to support selective B2C operations.
Vos Logistics, operates 35 branches across six countries and generates around €400 million in turnover.
Jacky Perrenot said that together, the two groups would form a pan-European operator, combining strong local networks with expanded international transport capacity.
Philippe Givone, chairman of Jacky Perrenot Group, said: “This project is fully aligned with our growth trajectory and our ambition to build a European leader in sustainable transport and logistics.
“By joining forces, we can offer our clients broader coverage, higher value-added services and a responsible performance-driven model.”
Philippe Cuoc, CEO of Jacky Perrenot Group, added: “Our industry is undergoing profound transformation - operational, technological and environmental.
“This acquisition would accelerate our transformation and reinforce our position as a long-term, sustainable and innovative partner for clients across Europe.”
