ITG Air & Sea GmbH founded
ITG GmbH Internationale Spedition und Logistik, a subsidiary of LGI Logistics Group International, has transferred its German air- and sea-freight division to ITG Air & Sea GmbH with effect from 1st November 2019. Holger Funk Acts as Managing director for this Company.
This division is thus clearly focused on international air and sea freight services as well as intermodal solutions that are provided across all industries. Together with the other service areas of the ITG and LGI Group, we can offer our customers end-to-end supply chain solutions. ITG GmbH Internationale Spedition und Logistik, which is the parent company of ITG Air & Sea GmbH, provides contract logistics services with a focus on fashion & lifestyle, e-commerce and land transportation.
In order to accelerate the geographical focus with Asia and further expand business, Dimerco Express Group ("Dimerco"), with whom ITG has a long-standing and intensive business partnership, will acquire a stake in ITG Air & Sea GmbH on 1 January 2020 which is still subject to approval by the antitrust authorities. This is not a classic sale, but a strengthening of the partnership through financial participation.