Milan, Italy, 18 September, 2019 – CEVA Logistics has further extended its market-leading position in the Italian books market with the renewal of a long-standing contract with Milan-headquartered Messaggerie Libri (Me.Li) - the country's leading distributor of editorial products. More than 600 publishing brands partner with Me.Li which has over 4,000 nationwide bookshops and stationery stores.
The two companies have been working in close collaboration since the signing of their first contract in 1999 and this new contract takes its extension to the end of December 2021 and also includes provision to negotiate a further long-term deal.
City of Books itself is a unique, green supply chain facility dedicated to the publishing sector. Covering more than 80,000 sq m, it can handle over 90 million books per annum. The site includes a photovoltaic plant with over 35,000 modules, covering an area of 6,500 sq m. This translates into 3,780 MWh annually, the equivalent to energy generated in 2,000 homes, saving on average of 1.6 million kg of CO2 emissions.
"Throughout our two decade long relationship with Me.Li we have sought to continuously innovate our contract logistics services in this highly specialist market", says CEVA Logistics Managing Director Italy, Christophe Boustouller. "This new contract extension is testament to their long-term commitment to CEVA and its capabilities".
For additional information please contact:
SVP Investor Relations
+41 41 547 0048
Chief Communications Officer
+33 41 365 0718
+44 (0)208 941 5381
Communications Manager Italy
+39 02 8923 0287
CEVA - Making business flow
CEVA Logistics, a global asset-light third-party logistics company, designs and operates industry leading supply-chain solutions for large and medium-size national and multinational companies. Its integrated network in Freight Management and Contract Logistics spans more than 160 countries. Approximately 58,000 employees are dedicated to delivering effective solutions across a variety of industry sectors where CEVA applies its operational expertise to provide best-in-class services. CEVA generated revenue of USD 7.4 billion and adjusted EBITDA of USD 260 million in 2018. CEVA Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For more information, please visit www.cevalogistics.com.