SDV acquires majority stake in Safcomar, a Swiss-based specialist in international logistics

SDV announces majority equity holding in Safcomar Overseas SA whose new name, SDV Suisse, takes effect as of 7 January 2013, by completing this new external growth operation, SDV adds a new country to its European network and will employ approximately 20 people in its Geneva and Zurich branches.

'Switzerland is regarded as a strategic market by SDV, especially for the deployment of our key-accounts policy in Europe' says Henri Le Gouis, SDV CEO of the Western Europe area.

'Indeed, large Swiss companies are leaders in their industries. Many decision-makers from blue chip organisations and international agencies are located in Switzerland. The creation of SDV Suisse meets the expectations of our local customers for commercial and operational proximity'.

'Safcomar has expanded in a number of fast-growing sectors such as pharmaceuticals, bio plasma, perfumes, fragrances and luxury goods' adds Hugo Roppel, the newly appointed CEO of SDV Suisse. Through this operation SDV will also benefit from Safcomar's experience gained in high value-added supply chain solutions'.

Safcomar's integration will be facilitated by its long-standing partnership with the SDV international network. Furthermore, the new company's growth will be fully consistent with the group's strategy in industry sectors.