Elanders

Regulatory Filings • Dec 7, 2020

Press release 7 December 2020

Elanders opens a new multi-user logistics center in northwestern Germany to manage e-commerce for several different customers

Elanders' subsidiary ITG, which primarily focuses on customers in Fashion & Lifestyle is experiencing a significant increase in demand for its logistics services in e-commerce and is now increasing its capacity with a new 30,000 sqm location in Oberhausen in northwestern Germany. In Germany ITG already has, among others, a 120,000 sqm multi-user logistics center in Munich, which manages around a hundred different customers with a high level of automatized processing.

The new logistics center in Oberhausen is strategically placed close to ports with inbound traffic from Asia, railroads, highways and airports. ITG will offer its classic service portfolio for garments, accessories and shoes at the center. This portfolio includes different kinds of value-adding services that range from tunnel finishers and tumble dryers to custom tailoring services.

fashionette AG, an online retailer specializing in designer handbags, shoes and other fashion accessories, will be one of the new customers at the logistics center in SEGRO Logistics Park Oberhausen.

For further questions, please contact

Magnus Nilsson, President and CEO, telephone: +46 31 750 07 50 Andréas Wikner, CFO, telephone: +46 31 750 07 50

Elanders offers a broad range of services and total solutions in supply chain management. The business is run through two business areas, Supply Chain Solutions and Print & Packaging Solutions. The Group has more than 6,000 employees and operates in some 20 countries on four continents. Our most important markets are China, Germany, Singapore, Sweden, the United Kingdom and the USA. Our major customers are active in the areas Automotive, Electronics, Fashion & Lifestyle, Industrial and Health Care & Life Science.