Utility vehicles
Cartel office confirms trans-o-flex takeover

Weinheim, 11.04.2016 - The German Federal Cartel Office has approved the takeover of logistics service provider trans-o-flex by Amberger Familien GbR and Schoeller Holding as of March 31 without any conditions. The investors had acquired the company in equal shares from Austrian Post at the beginning of March 2016.
This clears the way for the new owners to press ahead with the realignment of the transport and logistics service provider specializing in Europe-wide B2B logistics solutions. Peter Amberger, Managing Director of Amberger Familien GbR and Chairman of the Supervisory Board of LOXXESS AG, was very satisfied with the decision of the antitrust authorities: "We had expected a positive review and are very pleased that the antitrust authorities have now come to this decision at short notice."
The new owners are now starting to implement the first measures immediately. They have confirmed the management team consisting of Frank Iden (Chairman), Christian Knoblich (Sales) and Michael Stadlmann (Finance). The board will be expanded to include Wolfgang Weber as Managing Director for the newly created Restructuring and Quality division. Weber is thus returning to his former position (2003 to 2011) as a member of the trans-o-flex management board.
An advisory board will also be set up to support and advise the management. The owners have appointed Klaus J. Heinz, who himself headed trans-o-flex from 2001 to 2008 as spokesman of the management board, as chairman of the advisory board. Other representatives of the shareholders are
Christina Thurner (co-partner of Amberger Familien GbR and member of the management board of LOXXESS AG), Peter Amberger, Christoph Schoeller (Managing Partner of Schoeller Holding GmbH), Philipp Kahlenberg (Managing Director of Schoeller Holding GmbH) and lawyer Jochen Winter.
In addition, an advisory board is to be set up whose function is to advise the management on current and future customer requirements, for example from the pharmaceutical industry. The input from this committee will be incorporated into the realignment of trans-o-flex as quickly as possible and implemented with concrete measures.
These activities complete a bundle of measures and investments that will be implemented over the next six months. The new owners and the management of trans-o-flex are convinced that this will strengthen the company's competitive position and achieve a sustainable economic turnaround. Peter Amberger confirms: "We all believe in trans-o-flex. With the initial structural decisions and the entire management team, we are now in an excellent position in terms of personnel and organization. Now the implementation phase begins so that we can offer our customers the best possible service in future. We will be communicating the first new offers in the near future." red









