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VLS-Group has divested its shares in ILB for an undisclosed amount

24/01/2012

VLS-Group announced today that it has divested its shares in ILB for an undisclosed amount

The Joint Venture ILB Logistics was established in the year 2004, with the aim to offer logistic services and transports to the customers of VLS-Group in Antwerp. After the acquisition of an own logistics subsidiary (now Business Unit Logistics of VLS-Group), ILB expanded the scope of services to tank container logistics and transport of feedstock for the cosmetic industry. Based on this difference in Focus, VLS-Group decided to divest its shares in ILB Logistics to its joint venture partner Sebastian Erren Services. Both companies confirmed the intention to continue the cooperation.

About VLS-Group
VLS-Group is a leading European provider of innovative, integrated logistics and value-adding services for the chemical industry and related sectors.
VLS-Group offers a state-of-the-art European network of 200,000 m² warehouses for the safe storage, handling and logistics of classified and non-classified materials, 100,000 m³ tank terminal capacity and 20 high performance filling lines as well as blending and tolling facilities for liquid and solid chemical products. VLS-Group creates value throughout the entire supply chain of its customers by offering a wide range of sophisticated international logistics and transport services and solutions.

About ILB
ILB-Group with offices in Antwerp (B), Oss (NL) and Barcelona (ES) is your logistic partner for road, sea and air transports, specialised but not limited to the (petro-) chemical and cosmetic industry. In 2008 ILB established a liquid bulk department moving an increasing fleet of specially designed tank container on European intermodal routes. ILB’s slogan to “take your logistics personally” reflects the customer focused spirit of our growing organisation

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