Russian rail automotive specialist Gefco is to form a finished vehicle joint-venture logistics company to cover the Spanish market with local multimodal operator Berge.
Each will hold 50% of Berge Gefco, which will be formed by the finished vehicle logistics divisions of both companies in Spain: Gefco Spain FVL activities; and Berge Automotive Logistics.
The deal is subject to European Commission approval.
Gefco claims the finished vehicle market in Spain is one of the world’s largest with three million vehicles produced annually, 2.4m …

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Source: The Loadstar