DEUFOL continues to focus on its core business of supply chain solutions for industrial customers

Press release

DEUFOL, global service provider for industrial packaging and supply chain solutions, continues to focus on global industrial services and thus on its holistic supply chain approach for its customers, particularly in Italy and Germany. On the one hand, the consumer goods business at the Fagnano Olona site was sold to a specialist in the industry, which will provide new investments and expansion opportunities at the site. At the same time, one of the two DEUFOL locations at Frankfurt Airport was sold to a company from the air freight industry that specialises in air cargo container repair and will continue the business there from now on.

This process thus ensures that DEUFOL can focus its resources on the growing industrial sectors and that the new owners can continue to specialise in the business in Fagnano Olona and at Frankfurt Airport with outstanding know-how and staff to meet current market needs. DEUFOL thanks each of the employees of the now sold businesses for their years of loyalty as well as support and wishes the respective teams a prosperous future with strong B2C and air freight growth.

In Italy, DEUFOL will remain represented with its specialised services such as the packaging of industrial goods and its complementary services at the Roverbella site in Italy, where it is aiming for strong growth in the prospering region of northern Italy in the future. Overall, DEUFOL will thus significantly increase the depth of its services for our clients, as the global network with 90 locations in 12 countries will henceforth push the connection to the south of Europe even more strongly and make optimal use of its resources for this purpose. Thanks to our know-how transfer from Germany and the implementation of all DEUFOL systems and structures, each of which is geared to the local needs of the country, Italy is and will remain a strong growth market for DEUFOL.

 

Dennis Hübner, Managing Director (CEO): “We will always be grateful to our Italian Consumer Goods and Airport Services team and are very happy that they will be able to support the new owner’s strategic expansion plans in Northern Italy.

For the DEUFOL Group, the successful sale of the two business units is another important milestone in the strategy initiated a few years ago to focus on – and expand in – our industrial services, packaging products, digital – as well as infrastructure solutions along the entire value chain of our partners and customers from the mechanical and plant engineering as well as the healthcare sector.”

Naturally, DEUFOL remains active in Frankfurt and the surrounding regions and continues to serve our customers with our newest Airport HUB in Hofheim (Wallau) for all tasks related to air freight transport and airfreight-compatible packaging. With the change of management that has recently taken place and the new resources that are now in place, DEUFOL is thus continuing to grow in the area of overall supply chain optimisation for our customers and is focusing all of its resources on precisely this goal.

About the DEUFOL Group:

The DEUFOL Group is a global player in supply chain solutions, industrial packaging, and adjacent services. The range of business services includes export & industrial packaging, logistics services as well as innovative IT solutions along the supply chain. Headquartered in Hofheim (Wallau) near Frankfurt am Main, DEUFOL is operating at more than 90 locations in 12 countries and employs around 2,400 people.

Contact:

Ms. Claudia E. Ludwig

Investor Relations / Corporate Communications

Phone: +49 6122 50-1228 – Mobile: +49 160 9148 9129 – Fax: +49 6122 50-1300

claudia.ludwig@deufol.com

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