
L.I.T. SIGNS AGREEMENT TO ACQUIRE DUVENBECK GROUP
▪ Agreement signed to acquire all shares; closing expected throughout the rest of the year ▪ Shared goal of both companies is to build strategic synergies ▪ Duvenbeck contributes its own fleet, technological expertise and more than 90 years of logistics expertise in Road and Production & Contract Logistics (PCL) ▪ L.I.T. strengthens its portfolio in automotive logistics and gains additional regional reach in Southern and Eastern Europe
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