French competition authority approved the acquisition of Geodis Sernam

Recently, the French Competition Authority formally approved the Geodis acquisition of Sernam application, and has not put forward any acquisition of additional conditions. This acquisition will last for 7 months.
French Competition Administration on acquisition analysis indicated, the acquisition of the relevant market competition has a negative effect on the probability is smaller. Market of main competitors have surplus production capacity, Geodis is not the only one able to meet consumer demand for the express delivery company. The majority of consumers generally use 2 to 3 freight companies, in order to ensure its smooth freight.
MYEX Fujian Asia International Express
2012-12-13