FM Logistic announces a €200 million financing plan
to strengthen its international growth strategy.
On October 10, 2024
to strengthen its international growth strategy.
On October 10, 2024
10 October 2024 – FM Logistic, a leading player in the transport and logistics industry, has announced an ambitious €200 million financing plan, backed by a strong banking syndicate including Crédit Agricole (LCL, CA Lorraine, CA Brie Picardie, CA Alsace Vosges), Société Générale, BNP Paribas, and Crédit Mutuel-CIC.
This €200 million syndicated loan will enable FM Logistic to pursue its strategic roadmap by accelerating its international growth ambitions. The investment will primarily be directed towards strengthening the Group’s market position and exploring new development opportunities in the warehousing and transport sectors. The financing has a six-year maturity and may be extended to support the Group’s external growth objectives. It reflects not only the renewed confidence of its financial partners in its long-term strategic vision but also the resilience of its business model in today’s complex environment.
This announcement marks a significant milestone for the company, providing additional resources to meet the evolving expectations of the sector and new industry demands, positioning itself as a leader in the field.
“This new syndicated financing is an excellent news for the future of our organisation, proving once again that we are at the forefront and can look to the future with confidence. Not only do we have the means to achieve our ambitions, but we also have the ability to successfully navigate into this dynamic environment thanks to proactive management and a clear strategic vision. Through its model, FM Logistic plays a key role in the economic fabric and we intend to continue to pursue our growth objectives, including external expansion, to support local regions,” said Jean-Christophe Machet, CEO of FM Logistic.
About FM Logistic
Facilitating the transition towards sustainable omnichannel supply chains is FM Logistic’s ambition. Founded in 1967, this family-owned company is one of the key players in logistics both in France and internationally, with a turnover of €1.7 billion. FM Logistic leverages its expertise in consumer goods logistics to serve major manufacturers, retailers, and e-commerce players. Its services span various stages of the supply chain: domestic and international transport, warehousing and inventory management, order preparation and shipping for both e-commerce and retail, co-packing, and control tower services. The company aims to achieve carbon neutrality in its warehousing activities by 2030 and is recognized as one of the best employers in its sector, as evidenced by its Top Employers France certification for the 8th consecutive year, and its inclusion in Forbes and Capital magazine rankings. FM Logistic employs over 28,000 people across Europe, Asia, and Latin America. For more information, please visit our website and LinkedIn page.
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