Two years after the merger between Exel Logistics and MSAS Global, which led to the creation of the world's largest logistics group, the company has met its objectives both from an economic point of view and in terms of business development and leveraging existing synergies between the two companies.
The company has achieved significant growth in the last two years. During the first fiscal year after the merger, Exel reached a turnover of €168 million in Spain. These results demonstrate the success of the merger between Exel and MSAS.
The new Exel strengthens its position as a global leader in providing international logistics and transport services, in addition to signing a large number of agreements and contracts. Specifically, during the past fiscal year, it secured nearly €1.000 billion in new contracts.
Jorge Adeva, CEO of Exel in Spain, points out that "we have been the model in terms of integrating the two structures. In this way, we have managed to convey to the market all the value of the merger without our clients perceiving any signals or inconveniences from the implementation of such a complex process."
The current objective, following the consolidation of its structures and the internal reorganization carried out, is to "create new value for our clients. We don't want to limit ourselves to providing only conventional logistics services like any other operator," continues Jorge Adeva. "We are implementing outsourcing processes that directly aim to create value for our clients."
Exel, a world leader in supply chain management
Exel has increased its air transport activities in Spain by 10% during the first five months of 2002. The 15% growth experienced by the company's export freight services has been particularly positive.
Any questions about this news?
Talk to Coexia, the AI of the foreign trade
International business service providers
Demos Global Group
Demos Global Group is a consultancy specializing in strategic and operational advice for business expansion.read more...
VSI Consulting
VSI Consulting is a leading international trade and digital marketing consultancy.read more...
Gedeth Network
Gedeth Network is an international business consulting firm specializing in business development.read more...
UR Global
UR Global is a consulting firm specializing in the internationalization of companies with a physical presence.read more...
Red Carpet
Red Carpet is a recognized consultancy firm specializing in internationalization to Nordic countries.read more...
