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Thiel Logistik Continues to Expand Presence in South America

BIRKART GLOBISTICS air + ocean
2007-02-23 15:42 2076

HONG KONG, Feb. 23 /Xinhua-PRNewswire/ --

-- Birkart Globistics air + ocean and Globistics Chile S.A. establish

Chilean company: Birkart Globistics Chile S.A.

-- Thiel Logistik is majority shareholder

Thiel Logistik is strengthening its presence in South America, acquiring the majority holding in the newly founded company Birkart Globistics Chile S.A. The shareholders of the new company, headquartered in Santiago de Chile, are the Thiel business unit Birkart Globistics air + ocean and its current partner company Globistics Chile S.A. "By integrating Globistics Chile into the worldwide network of Birkart Globistics we are establishing the basis for a strong commitment to the South America growth market," comments Berndt-Michael Winter, CEO of the Board of Directors of Thiel Logistik AG.

Birkart Globistics air + ocean has already been working closely with Globistics Chile S.A. as a partner company for many years, and has completed a wide range of ocean and air freight service projects over the past few years, especially goods traffic from Asia to Chile.

In addition to its offices in Brazil and Peru, the organization in Chile means that Birkart Globistics now owns its third local subsidiary in South America. "Setting up this joint company represents a major component in the strategic expansion of our network in South America. With Birkart Globistics Chile S.A. we are stepping up our geographical presence and providing our customers with an even better service," explains Helmut Kaspers, Group CEO Birkart Globistics air + ocean.

Pedro Pablo Aldunate, a former managing partner of Globistics Chile S.A., heads up Birkart Globistics Chile S.A. as Managing Director.

About Thiel Logistik AG

As an external partner, Thiel Logistik AG, Grevenmacher (Luxembourg), develops holistic logistics and service solutions for trade and industry. In 2005, the Group generated sales of EUR 1.8 billion and currently employs approximately 8,000 staff in 42 countries. Thiel Logistik operates on the main markets worldwide and has some 350 locations across all continents. With its business segments Industry Solutions (Thiel FashionLifestyle, Thiel Furniture and Thiel Media), Air & Ocean (Birkart Globistics) and Regional Logistics Services (Delacher, Microlog-Sudkraft and Quehenberger) Thiel Logistik AG is one of the market leaders.

Thiel Logistik AG is listed on the Prime Standard of Deutsche Boerse. The major shareholder of the company is DELTON AG, Bad Homburg, which has an equity stake of 50.26 percent.

About Birkart Globistics air + ocean

Birkart Globistics air + ocean, headquartered in Aschaffenburg, Germany, is active at 85 locations on all five continents. In addition to air and sea transportation, 1,500 employees also provide special tailor-made and complex logistics services. The focus of the company's international commitment is on Europe, Asia, South America and South Africa. The global air + ocean network is strengthened by partnerships and cooperative ventures, and the company is member of the sea-freight cooperation Group 99 and the air-cargo cooperation FUTURE. Birkart Globistics air + ocean is a business segment of Thiel Logistik AG.

Contacts:

Mara Hancker

Public Relations

Tel: +352-71-96-90-1353

Fax: +352-71-96-90-1359

Email: pr-info@thiel-logistik.com

Web site: www.thiel-logistik.com

Axel Herzhauser

Regional Sales & Marketing Manager

BIRKART GLOBISTICS Far East Ltd

Tel: +852-2879-3133

Fax: +852-3190-2115

Email: axel.herzhauser@birkart.com.hk

Web site: www.birkart.com

Source: BIRKART GLOBISTICS air + ocean
Keywords: Transportation
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