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LBO France and Siparex provide the groundwork for further growth and internationalization of the Flash Group

Aspelt, 11/11/2010. Two capital investors, LBO France and Siparex have, with immediate effect, acquired a minority stake in the Flash Group, the specialist for urgent transports.

Flash Group intensifies the international focus
In doing so, the logistics company has set the course for further internationalization and growth of the group. This is a logical step for Flash “since a large part of the positive business development is attributed to our international business and the expansion of our services for the pharmaceutical industry in France. The capital is required to reach our ambitious goals that we have set for the coming years,” emphasizes Philippe Higelin, CEO.
The Flash Group now already operates on an international level, offering its customers an extensive network in 78 countries. The company is currently represented by its own offices in 11 countries throughout Europe and additional branch offices are planned in the near future. “This ensures we are able to cater to the local needs of our customers, are on site and speak the local language,” says Philippe Higelin, highlighting the advantages for customers. An integral part of this is another important growth factor for Flash: multimodal transports. Therefore, the company recently opened a new air freight office at the key cargo hub Frankfurt am Main and intends to expand its activities within this service area. “We want to offer our customers services from one single source,” notes Frederik Luz, Managing Director Central Europe.
Established mid-sized investors support planned growth
LBO France and Siparex are both long-standing renowned mid-market capital and growth investors, which support Flash with capital and financial expertise to help implement the logistics company’s ambitious plans. In doing so, the company targets a healthy mixture of acquisition and organic growth. “With Siparex and LBO France we have found reliable partners, who supply us with the parameters required for the expansion of our activities,” explains the CEO Higelin.


No changes for customers and employees

The new shareholder structure will not cause any changes for customers and business associates of the Flash Group: all employees will remain in the company – the usual contacts shall subsequently remain the same and management will continue to be in the hands of Philippe Higelin.