2006-05-12

Consafe Logistics continue to expand - now in Poland

Consafe Logistics continue their expansion plans and invests in a Polish logistics systems integrator by acquiring a majority share in Selmar. Selmar is a market leading hardware and software supplier with an excellent track record in the Polish market.

Consafe Logistics is following a previously communicated strategy to expand in Central / Eastern Europe by investing in successful business with high market share and great logistics knowledge.

"Poland is an interesting market with high potential and an increasing demand for logistics solutions. Many of our customers is already located in the region or interested in the growing Polish market," says J Christer Ericsson, chairman of the board, Consafe Logistics

Consafe Logistics were looking for a successful partner in this region with high and broad knowledge in warehouse management software and IT-structure. Selmar supplies applications that improve efficiency in logistics together with equipment for worker mobility and radio data networks. The company is an expert in automatic identification and bar codes.

"By adding Consafe Logistics products and competence in warehouse management we create the possibility for Selmar to continue to expand and develop their business on a market in strong expansion. We are now one of Europe's market leaders with a turnover of 40 MEUR and more than 250 employees." continues J Christer Ericsson.

Marek Przezwanski, founder and president of Selmar says: "I am very pleased by merging the Polish market leader with the 3rd largest pan-European logistics IT solution company. Together, we will have better access to existing and new clients, bigger projects and government tenders. The merger with Consafe Logistics will strengthen our market position, relationships with key suppliers and increase our reliability in larger projects. Our clients can continue to expect the very best in terms of IT solutions, services and innovation. Consafe Logistics brings in depth knowledge in comprehensive software and integration services which will further expand and strengthen Selmar's product offering."

Marek Przezwanski will remain in the position as President for Selmar.

Information about the company: Consafe Logistics AB