CEVA Logistics wins contract with Bugaboo
02 April 2008 - 17:38 CET
CEVA will provide a European Distribution Center to the innovative elite stroller company
CULLEMBORG, The Netherlands, April 2 - CEVA Logistics, one of the leading supply chain companies in the world, today announced that it has signed a multi-year contract with Bugaboo International B.V., producer of modern strollers such as pushchairs, car seats and accessories. The CEVA Benelux site in Wijchen, The Netherlands, will become the new European Distribution Center and act as the global ‘control tower' to organize the intercontinental logistics activity for Bugaboo. CEVA provides warehousing, transport & freight management, spare parts logistics and value-added services.
Bugaboo sought for a contract partner with an extensive global presence that could fulfill their end-to-end logistics requirements. The accelerated growth rate of the stroller producer requires flexibility to adapt to a demanding, ever-changing logistics environment. "An important factor for Bugaboo is to be able to rely on a logistics partner that demonstrates proven capabilities in realizing solutions fitting our needs and ensuring seamless continuity of our business and service to our customers. With CEVA, we experience a good match in shared ambition, passion and eagerness to deliver results. We believe that CEVA is a strategic partner fit to support our current and future growth," said Maarten Sluyter, Operations Director of Bugaboo.
CEVA's track record of excellent operations and systems to support Bugaboo's full supply chain visibility was the main selling point. Onno Meij, Managing Director of CEVA Logistics Benelux & France commented: "We are very pleased to serve a dynamic company like Bugaboo. I am fully confident that CEVA will deliver continuous improvement for Bugaboo's logistics, through our operational excellence program and the global tracking provided by our state-of-the-art IT systems. For us, Bugaboo represents a world class customer and an opportunity for CEVA to demonstrate its integrated supply chain service offering for demanding global customers."
For more information:
Bart Barel
Manager Communications & Marketing CEVA Benelux
+31 345 54 53 28
bart.barel@cevalogistics.com
About Bugaboo
Bugaboo international is a Dutch design company that develops mobility products, established in 1999 by industrial designer Max Barenbrug and physician Eduard Zanen. Bugaboo pushchairs are available in 45 countries. Bugaboo international has almost 250 employees at its headquarters in Amsterdam and at the international offices in London, New York, Los Angeles, Florence, Cologne, Stockholm and Barcelona.
For more information visit the Bugaboo website at www.bugaboo.com.
CEVA. Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com.
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The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
