CEVA expands relationship with Mercedes-Benz in Spain

17.11.2016 / 08:21

Madrid, Spain, 17 November, 2016 – CEVA Logistics, one of the world’s leading supply chain management companies, has expanded its relationship with Mercedes-Benz, a member of the Daimler Group, at the automotive manufacturer's facility in Vitoria, Spain.

Mercedes-Benz has been working with CEVA in Iberia since 2012, alongside a number of other European countries including Italy, Germany and UK, as well as México and Australia.

CEVA’s collaboration with Mercedes-Benz at the Vitoria production center was cemented in February 2016, after winning a competitive tender to handle metal products, and provide logistics services to supply production lines with the individual parts required to assemble every vehicle. Following an additional tender process this autumn, CEVA has now added a range of new secondary flow supply services to the production lines.

CEVA's service reliability and experience in the automotive sector, combined with its commitment to offering solutions adapted to its customers’ needs, were key factors in Mercedes-Benz’s decision to extend its relationship with CEVA. CEVA has a strong understanding of Mercedes-Benz's needs and has proven its operational capabilities and efficiency in optimizing the car manufacturer's supply chain in Spain.

Marco Galbusera, Managing Director of CEVA in Iberia, states: "It’s a great honor that Mercedes-Benz has affirmed their trust in CEVA through the addition of these new services. During our four-year collaboration in Iberia we have been able to offer them a consistently high standard of service in line with the solutions we offer in other locations. This new contract further enhances our relationship as their logistics partner of choice, and highlights the customer’s satisfaction with performance at its production center at Vitoria.”


For more information:

CEVA Logistics
Noemí Esteso
+34 912153237

Pilot Marketing
Cathy Howe
+44 (0)208 941 5381

CEVA - Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 41,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.

This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2016 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. 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 annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. 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. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.