Itella is to buy the Swedish logistics company PS Logistics AB. The turnover of the company, located in Borås, is around SEK 80 million. It has 22 employees, whose positions won’t be affected by this deal. The vendor is a holding company owned by the company’s Managing Director Stefan Pettersson and Transekspedicija of Lithuania.
PS Logistics AB provides freight warehousing, storage and contract logistics services. The deal will strengthen the position of Itella Logistics AB in
“The home market of Itella Logistics covers the Baltic area, where we are currently one of the leading logistics companies. Buying PS Logistics will improve our market position in
The company will transfer to the ownership of Itella Logistics on 1 August 2007.
Vice President Joni Sundelin, Itella Logistics AB, tel. +45 2999 8120
Managing Director Stefan Pettersson, PS Logistics AB, tel. +46 33 20 52 06