Geodis $800 million acquisition of OHL

Overview:

• Geodis, the land transport and logistics arm of SNCF, successfully acquired the OHH Acquisition Corporation, the parent company for Ozburn-Hessey Logistics from the private equity firm Welsh, Carson, Anderson & Stowe, for a fee reported to be €800 million. 
• The acquisition allows Geodis to significantly increase its logistics capacity in the US.
• This was the largest acquisition by SNCF at the time. 

John Crabb - Journalist