Automotive logistics providers, Berge and Gefco have inked a deal to work on a 50:50 joint venture in Spain.
The news is a result of the European Commission (EC) approving a new company, Berge Gefco to offer more than 3m square metres of space to store up to 120,000 vehicles, along with 700 lorries, 100 railcar wagons and 40,000 square metres of workshop.
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“This joint-venture will reinforce our leadership in the automotive logistics market,” said Gefco CEO, Luc Nadal. “The new company will be well positioned to anticipate market needs in a highly dynamic context, and develop solutions tailored to the needs of our customers, partners and employees.”
Berge Gefco will offer a portfolio of logistics solutions to current customers of the two partner companies, enabling them to better manage seasonal peaks in activity.
It will cover all logistics needs for both new and second-hand vehicles. Within the second-hand vehicles segment, the new venture claims it will be the only provider capable of managing all logistics and commercial services with its own resources.
Its solutions for vehicle manufacturers, leasing companies and resellers will include transport, warehousing, technical services, inspections, refurbishments, delivery, trading, sales management (online/auctions/exports), administration and fleet management.
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By GlobalData
