MAN acquires Brazil-based VW Truck & Bus

	Established since 1989, world leader and experts in our industry, the CoGri Group of companies is a consortium of international specialists that collectively offers a complete package solution to the upgrading, repair and enhancement of industrial floors, particularly in floor flatness in narrow aisles. Group companies include Concrete Grinding Ltd, Face Consultants Ltd and CG Flooring Systems Ltd.

Print Article

- Expansion into South American market
- Market leader for trucks in Brazil
- Synergy potential within MAN production network

MAN AG is to acquire VW Truck & Bus, which is based in Resende (Brazil), from Volkswagen AG. The company with an enterprise value of €1,175 million is set to be transferred on January 1, 2009. The executive bodies of MAN and VW have already granted their approval.

Volkswagen Truck & Bus has been producing trucks and buses in Resende since 1996. The company is Brazil's largest truck manufacturer and leads the market for trucks with a gross vehicle weight of more than five tons. The vehicles are primarily sold in Latin America and South Africa. Around 47,000 trucks and buses were supplied in 2007. The company has a comprehensive sales and service network in Brazil and neighboring countries. Around 5,000 employees work at the Resende plant - one of the most modern truck production facilities - for VW Truck & Bus and its partner suppliers.

Acquiring the Brazilian company and its strong brand enables MAN to expand into the South American market, one of the fastest-growing regions, thus consistently strengthening its commercial vehicles business.

The CEO of MAN AG, Håkan Samuelsson, sees the acquisition as an important step for the MAN Group: "Having concentrated on our core business units, MAN is now focusing on expansion in all business areas. The acquisition of VW Truck & Bus in Brazil marks another milestone in our international growth in trucks and buses. The new business area with its strong market position will provide MAN with access to the Latin American market. At the same time, we can see considerable synergy potential for our production network. VW Truck & Bus has a strong regional sales network and a state-of-the-art truck and bus plant at its Resende site. We look forward to further strengthening the company's position together with its President Mr. Roberto Cortes, his management team and the employees."

www.man.eu

Upcoming Exhibitions

October 2010 - Saudi Transtec

Supported by the Ministry of Transport, Saudi TransTec will showcase Industries such as Freight, Shipping, Aviation, Ports, Cargo, Express, Railways, Material Handling Equipment & System Providers as well as Supply Chain and Logistics, providing the Eastern Province with an essential networking and business forum for the Transport and Logistics sector!

November 2010 - Eindhoven, 10th - 11th

It is with justified pride that Bureau Bosman BV is introducing Groothandel & Logistiek’s new trade show name. From now on, Groothandel & Logistiek will be called: Bedrijf en Logistiek, the trade show for goods-in, storage and goods-out. The eleventh edition will take place on November 10 and 11 in the Exhibition Building in Eindhoven.

November 2010 - Birmingham, 16th - 19th

Quartz Publishing & Exhibitions Ltd, organiser of the International Materials Handling Exhibition (IMHX), has announced that – in response to exhibitor requests – the show’s dates have moved from March to November next year.

November 2010 - Intermodal Europe 2010, Amsterdam, 30th November - 2nd December

The Intermodal Europe event returns to Amsterdam with a revitalised new programme that will ensure a balanced focus on all areas of intermodalism from containers through to road, rail and maritime logistics.

September 2011 - Material Handling Middle East, 25th to 27th

Delivering results since 2001, Materials Handling Middle East will be held next year from September 25 to 27 at the Dubai International Convention and Exhibition Centre, UAE.

Case Studies

Crisplant - Witt-Gruppe Distribution Centre
The new centre is part of the Witt-Gruppe’s Vision 2020 through which it plans to position itself as the most profitable Europe-wide group of retailers in the 50plus market whilst achieving a 50 % reduction in carbon dioxide emissions by 2020.

Coca-cola, Amatil
Coca-Cola Amatil (CCA) has been located in Northmead for more than 30 years and over this time, has experienced high levels of continuous growth. The Northmead plant manufactures 60 million unit cases of soft drinks per year, producing product in cans at 2,000 per minute and PET bottles at 600 per minute.

The letter of the law
Corinna Hardt tells Logistics Business why an increasing number of companies in the field of postal services and logistics maximise their profits with the help of automated weighing systems.

Pilot scheme success
Preventing accidents is a top priority in all areas of the logistics sector. When utmost importance is attached to safety, specialists have to be called in order to help prevent accidents.

Extending reach and life
Add-ons and customisation are two aftermarket services that greatly benefit the forklift truck. Logistics Business catches up with news and innovations from this highly competitive market sector.

TVH makes a smart move
It’s always nice to report a happy ending, even in harsh economic times for the materials handling industry. Read how two Logistics Business customers recently teamed-up to facilitate a state-of-the-art distribution facility for forklift truck parts.