Subscriber login Close [x]
remember me
You are not logged in.

Swedish acquisition for Hillebrand

Published:  12 November, 2010

Freight forwarder JF Hillebrand has bought the Swedish drinks logistics company Lagena Distribution from Systembolaget, the country's alcohol retail monopoly.

Systembolaget signalled its intention to offload Lagena six months ago as part of a focus on its core operations.

"Lagena is an important strategic acquisition for our expansion in the Nordic countries," said Gerard Desbois, Hillebrand's chief executive.

He said Lagena had attracted "numerous potential purchasers."

Pierre Bonel, global sales and marketing director added: "The combined expertise and organisational skills of both companies will enable us to enhance our own service offering, and in so doing, capitalise on growth opportunities in the global market for beverage logistics."