Container business for sale

January 10, 2013

Ceva Logistics is to sell it European Container Logistics business and its Asia Pacific Pallecon business to Australian company Brambles for ‚¬135m.

Both businesses offer a full range of intermediate bulk containers (IBCs) for the packaging of liquid, dry products and general security use. Within Ceva, each business operates as a self-contained business segment, with dedicated management teams and separate systems, processes and customers.

Ceva CEO Marvin O Schlanger said: While these are both businesses with exciting prospects, they lie outside Ceva’s core business of non-asset based integrated supply chain solutions, primarily Freight Management and Contract Logistics. We feel that the businesses will be able to realise their full potential under the ownership of Brambles, and thank the management and staff for their contribution to Ceva.

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Jamie Hartles, Chief Executive Officer, Howard Tenens Logistics Ltd (UKWA Full Member)

We’ve been members for over 15 years. UKWA provides a great consolidated voice for the industry, giving us access to government and opportunity to contribute to policy framing. It’s also useful for networking, and has linked us with similar organisations in the sector with whom we can work together for mutual benefit.

Mike Graham. Managing Director. Conveyor Systems Ltd (UKWA Associate Member)

The UKWA has been a fantastic industry body that fully understands the arena we operate within, and which provides complete help and support to its members. We have found the events to be current and informative, also providing a great opportunity for networking. We are proud to have the UKWA mark on our Conveyor Systems Ltd literature and website.

Richard Bartholomew, Director, Bartholomews Specialist Distribution Ltd (UKWA Full Member)

UKWA is a fantastic organisation. We have certainly gained business leads as a result of being members. The Association conferences always create exceptional knowledge sharing and networking opportunities, with an impressive mix of industry speakers in a genuinely collaborative environment – and, If we ever need specialist advice or support on a particular issue, UKWA is always there to point us in the right direction.