Logista

Compañía de Distribución Integral Logista Holdings, S.A., or Grupo Logista, through its subsidiaries, operates as a distributor of products and services to proximity retailers in Southern Europe. The company distribution includes different product categories such as tobacco, convenience, pharmaceutical, books and periodicals, as well as e-transactions among others. Logista also provides long distance and full load transport services, temperature-controlled transportation services, industrial parcel and parcel and express courier services.[4]

Compañía de Distribución Integral Logista Holdings, S.A.
TypeSociedad Anónima (Subsidiary)
BMAD: LOG
IndustryDistribution of products and services, Wholesale
Founded1999 (1999)
Headquarters
Madrid Area
,
Spain
Number of locations
>400 warehouses[1]
Area served
Southern Europe
Key people
Luis Alfonso Egido Gálvez (CEO)[2]
Revenue€ 9.47 billion (2015)[3]
Number of employees
>6,000 (2015)[1]
ParentImperial Brands (50.2%)
Subsidiaries
  • Logista España
  • Logista France
  • Logista Italia
  • Logista Portugal
  • Logista Polska
  • Integra2
  • Logesta
  • Logistadis
  • Logista Libros
  • Logista Pharma
  • Logista Publicaciones
  • MidSid
  • Nacex
  • SAF
  • Supergroup
  • Terzia
Websitewww.grupologista.com

The group serves approximately 300,000[4] delivery points in Spain, France, Italy, Portugal and Poland, as well as approximately 45,000 point of sale terminals. It supplies clients in various sectors comprising tobacco, publishing, books, e-transactions, health, HORECA, wholesale distribution, and public sectors.

History

Logista's origins go back to Tabacalera's (then Altadis) distribution division, from which it spun off in 1999.[5]

In 2008 Imperial Tobacco Group (now Imperial Brands)[6] acquired Grupo Logista, maintaining independent management of the company.[7]

In 2014 the Compañía de Distribución Integral Logista Holdings, S.A.U (Grupo Logista), parent company of the Compañía de Distribución Integral Logista S.A.U Operating Company[8] (former Group's parent company) was created. Logista began trading on Spanish stock exchanges[9] on July 14, 2014 at a price of €13 per share and is part of the IBEX Medium Cap®.[10]

Companies of the Group

The Company operates in Europe through numerous group entities, such as Logista, Integra2, Logesta, Logistadis, MidSid, Nacex, Supergroup and Terzia among others.[11]

Infrastructure

Logista European infrastructure network comprises some 400 warehouses, including 42 central/regional warehouses and 363 service points, surpassing 1 million m² of warehousing.[1]

References
  1. "Infrastructures".
  2. "Maintaining Profit Levels in Times of Crisis". IESE Business School.
  3. "Annual Reports 2015".
  4. "Compañía de Distribución Integral Logista Holdings, S.A.: Private Company Information - Businessweek". Bloomberg.
  5. "Our History".
  6. "Imperial Tobacco is rebranding to Imperial Brands". City A.M.
  7. "Imperial sparks up Spanish float plans for Logista". The Telegraph.
  8. "Compañía de Distribución Integral Logista S.A.U". Bloomberg.
  9. "Company Profile". Reuters.
  10. "Imperial Tobacco Sets Price Range for Logista I.P.O." The New York Times.
  11. "Compania de Distribucion Integral Logista Holdings SA (LOG.MC)". Reuters.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.