Luxembourg transport firm Transalliance acquires French Proxidis Express
Luxembourg-based transport and logistics company Transalliance has acquired the CEP firm Proxidis Express to expand its offering with express services such as overnight deliveries, French media reported.
Based in Lentilly, in the Rhône department in eastern France, Proxidis Express employs 80 people generating annual revenues worth €25 million. It operates five distribution sites nationwide under its own management in Lille, Paris, Lyon, Avignon et Toulouse and a further 35 through suppliers.
Transalliance, with 3,100 staff, generated annual revenues of €550 million in 2016. Its French headquarters are located in Nancy.
Alexandre Michel, CEO of Transalliance, explained that by acquiring the former competitor in various areas, the group has also found a solution to the "last mile" problem.
Proxidis Express complements the Transalliance offering in several areas: next-day delivery to more than 1,200 apparel stores; overnight delivery of spare parts before 7am for high-tech customers’ service providers such as electronics technicians, mechanics and computer technicians; spare parts supply for Xerox France as well as recycling of cardboard, plastic waste, oil residues and pollutants from the Proxidis centre in Lyon.