Madrid, January 9th 2018.- ADVEO has closed the sale process of subsidiary ADVEO France warehouse in Compans with IDI Gazeley for 8 million Euro, which involves capital gains around €2.6m.

According to the sales agreement, announced last October, ADVEO France will keep its operations at the warehouse in Compans as leaseholder, until a new logistics centre, close to the current one, is ready not later than November 2018.

The new warehouse will be equipped with avant-garde infrastructures and technology. This will allow ADVEO to have a more efficient management system, adapted to the business evolution. This new logistics model will significantly reduce costs and improve the quality of services to customers.

Adveo Group International SA published this content on 09 January 2018 and is solely responsible for the information contained herein.
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