Logistics specialist Move Elevator acquired in Germany

Staci has completed the acquisition of POS logistics provider Move Elevator in Germany

Staci, the leading European fulfilment specialist, has completed the acquisition of POS logistics provider Move Elevator in Germany, further increasing the pan-European capabilities of the group.

Move Elevator, a highly experienced provider of marketing logistics with a turnover of €19m, supports brands including Coca-Cola and Kellogg’s from facilities in Dresden and this acquisition sees Staci increase their fulfilment capacity in Germany increase by 200%.

Thomas Mortier, CEO of Staci, said of the deal, ‘We are delighted to welcome the Move Elevator team into the Staci group where they will play a pivotal role in the development of Staci in Germany. Germany represents a huge potential for Staci and we have already recorded a 15% growth in our revenue this year.’

Dorothea Jahn. CEO of Move Elevator, added, ‘This is an important step to further expand our service proposal in the German market with the ability to deliver unique pan-European solutions’.

Following the acquisition of Move Elevator, the Staci group now possesses 45 fulfilment centres across UK, Europe and the US, operated by over 2,500 Team Members, and with a combined turnover approaching €300m.

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