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Spear Logistics is now part of the French group FM Logistic


FM Logistic has acquired a majority stake in Spear Logistics. FM Logistic has acquired the stake that was held by a private equity fund in Spear Logistics since 2009. The two companies are proud to announce that they are joining forces in order to better serve their respective customers for the Indian market.

While both FM Logistic and Spear Logistics will complement each other, Spear would gain considerably from FM’s retail and consumer goods expertise in contract warehouse management and distribution.

FM Logistic & Spear will be fully prepared to meet India’s future economic transformation.

About FM Logistic


Historical player in Europe, FM Logistic is one of the leading providers in warehousing, transportation and co-packing businesses. Independent and family-owned, the group is recognised as an expert in the consumer goods, retailing, perfume/cosmetics, industrial and health markets.

The group has exceeded 1 billion euros turnover during its fiscal year 2015/2016 and counts today 21,000+ people based in 13 different countries.

Supporting its customers’ growth by increasing its geographic scope is one of the priorities for the group - as announced in its 10-year strategic plan “Ambition 2022”. The group’s presence in India confirms its long-term investment strategy in emerging economies – it is the group’s second market entry in Asia after China.

As the fastest-growing major economy in 2015, India would become the third largest economy in the world by 2030 and this represents an amazing growth lever for FM Logistic & Spear in the future.

While Spear Logistics will bring its deep knowledge of the huge Indian market, its experienced team, its national footprint as well as its portfolio of customers including large national and international companies, FM Logistic will bring to the cooperation its international capability, recognition, advanced working tools and latest technologies.

FM Logistic & Spear will be fully prepared to meet India’s future economic transformation.

FM Logistic is a pioneer is setting up multi-client and multi-activity warehouses that guarantee the flexibility and optimisation of processes and costs. By implementing 30 years ago, the “wall to wall” organisation for warehousing and co-packaging activities brought higher reactivity to its clients’ promotional activities; FM Logistic is today the European co-packing leader. In terms of transport, the services provided meet all the transport needs of B2B and B2C distribution networks: flexibility, safety, traceability and competitiveness.


FM Logistic international presence



FM Logistic’s key figures:

1 066 million euros turnover (whose 57% in warehousing, 33% in transportation & 11% in co-packing) 3 000 000 sq. meter of warehousing space 21 000 employees 13 countries and 3 continents

FM Logistic focus its energy in developing leading supply chain solutions for five major industry sectors:

Fast-moving consumer goods


Some references:

Mars, Mondelez, Nestlé, Unilever, Colgate-Palmolive, Reckitt-Benckiser, GSK, Henkel


Retail


Some references:

Carrefour, Auchan, Billa, X5, Decathlon, Leroy Merlin


Industry


Some references:

Bosch, Phillips, Legrand, Brother, Samsung, Nissan, Michelin


Perfume & cosmetics


Some references:

L'occitane, L'oreal, Shiseido, Dior, Clarins, Coty, Natura


Health


Some references:

Bristol-Myers Squibb, Sanofi-Aventis, Roche


For further information:


www.fmlogistic.com

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