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Information letter: Strategic development

25-May-2016

Dear Sir/Madam,
Dear customers and business partners,

In the wake of public communication, we would like to to inform you in this letter about important and future-oriented changes at ECL. The following information will be presented at the press conference on the 25th March 2016 in Vienna: European Contract Logistics - Austria GmbH (ECL) together with Quehenberger Logistics will create a joint company in the field of general cargo logisitics in Austria. The project will see Quehenberger Logistics introducing ten locations and around 270 employees to its austrian cargo network. In return Quehenberger will receive 40 percent of ECL’s shares.

As a customer, you will benefit from this new development as of next year. ECL and Quehenberger Logistics together, yield 23 branches and already handle more than 3.6 million shipments. The new quality generated through the merger and relating to infrastructure, location density and industry know-how, creates a stable and reliable partner. This means an even stronger service provider with an even higher service quality and increased efficiency will be at your disposal, this will also give you a new perspective of international communication.

Furthermore the plan entails an enormous ecological benefit. Due to the transfer of larger quantities, in particular longer journeys by rail and the amalgamation of complete lines and hub-networks, several tonne-kilometres and therefore CO², can be saved.

After finalising the contracts and completing antitrust assessments, the company, which will obtain a new name, will begin operations on the 1st January 2017. Until then, we will provide you with further details.

We look forward to continuing our successful business relationship!

Your Sincerely,

Horst Seidl
Management board