Through subsidiaries in China, CEPL
owns and operates 38 retail drug stores under the banner of the Tianjin BOAI drug store chain as well as a major wholesale pharmaceutical warehouse and distribution business.
This is an important milestone in the development of CEPL
and we believe that with their experience in the sector, Arcapita will be a valuable partner as we continue the international growth of CEPL
Thierry Ortmans, CEO and founder of CEPL said: C[pounds sterling]We are extremely pleased to have secured investment from an international partner of the caliber of Arcapita.
CEPL, headquartered in BE[umlaut]ville le Comte, France, operates across 23 sites in France and Germany, and has approximately 2,200 employees.
Arcapita announces the acquisition of CEPL, a leading European warehouse logistics operatorArcapita Bank B.
We are very excited to support CEPL, which has a unique and recession-resistant business model in the logistics sector in Europe," said Jean Eichenlaub, Managing Director Southern Europe, European Capital Financial Services.
Founded in 1998, CEPL employs 2,200 staff in 23 sites across France and Germany.
The management of CEPL is very pleased to partner with Arcapita and mezzanine lenders ICG and European Capital and is looking forward to expanding the business thanks to the combined network of our three new international partners," said Mr.
Founded in 1998, CEPL
provides clients with a single managed central location from which it prepares detailed orders for individual retail outlets on a national, pan-European or global basis.
The bank currently owns more than 5 million square meters of industrial warehouse facilities globally, and the acquisition of CEPL has the potential for significant synergies with our existing portfolio of logistics investments.
This is an important milestone in the development of CEPL, and we believe that with their experience in the sector, the bank will be a valuable partner as we continue the international growth of the company.