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ARGAN: It is DANONE’s turn to choose ARGAN for a future logistics site in Tours
Globenewswire· 2025-07-03 15:45
Core Insights - DANONE has selected ARGAN for a future logistics site in Tours, indicating a strategic partnership aimed at enhancing operational efficiency and sustainability [1][5] - The new site will feature an Aut0nom®-labelled positive cold storage warehouse, emphasizing ARGAN's commitment to environmentally friendly practices [2][6] Group 1: Site Details - The new logistics site will be located in Sorigny, a prime area with direct access to major highways, enhancing logistical efficiency [3] - The site will cover 8,200 sq.m, including a 6,400 sq.m cold storage facility, and is expected to utilize green energy generated on-site [6] Group 2: Economic and Environmental Impact - The development will create a modern facility that combines economic efficiency with environmental excellence, preserving green landscapes on one-third of the land area [4] - The lease agreement between ARGAN and DANONE is for a fixed term of 9 years, starting from the expected delivery date in Summer 2026 [5] Group 3: Company Profile - ARGAN is a leading French real estate company specializing in the development and rental of premium warehouses, with a portfolio of 3.7 million sq.m valued at €3.9 billion [8] - The company has a strong financial position, reflected in its investment-grade rating (BBB- with a stable outlook) and a commitment to ESG policies [9]
ARGAN: It is DANONE's turn to choose ARGAN for a future logistics site in Tours
GlobeNewswire News Room· 2025-07-03 15:45
Press release – Neuilly-sur-Seine, Thursday, July 3, 2025 - 5.45 pm It is DANONE’s turn to choose ARGANfor a future logistics site in Tours ARGAN is pursuing the deployment of its Aut0nom® sites across the French territory with the signing of a lease in future state of completion for a cold positive storage warehouse in Sorigny that will be operated by DANONE FRANCE. A prime location, near Tours The works for this new site will start in a booming business area – the Sorigny Isoparc. The city of Sorigny is ...
ARMLOGI HOLDING CORP. ADDED TO MEMBERSHIP OF RUSSELL MICROCAP® INDEX
Globenewswire· 2025-05-27 11:30
WALNUT, CA, May 27, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. ("Armlogi" or the "Company") (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, was added as a member of the Russell Microcap® Index, effective after the US market opens on June 30 as part of the 2025 Russell indexes reconstitution. The annual Russell US Indexes reconstitution captures the 4,000 largest US ...
ARGAN finalized the refurbishment and extension of a fulfilment centre for GEODIS in Toulouse
Globenewswire· 2025-05-15 15:45
Press release – Neuilly-sur-Seine, Thursday, May 15, 2025 – 5.45 pm ARGAN finalized the refurbishment and extension of a fulfilment centre for GEODIS in Toulouse ARGAN is taking part in the growth of its client-tenant “GEODIS” with the delivery of an extension of its Bruguières (31) fulfilment centre. On top of extending the total built area to 14,000 sq.m, these works were an opportunity to refurbish the existing building and to thus give an even longer-term perspective to the partnership with GEODIS throu ...
Growing Services: Kalmar invests in North American Genuine Parts warehouse 
Globenewswire· 2025-04-29 06:30
Core Insights - Kalmar is relocating its Genuine Parts warehouse from Ottawa, Kansas to Greenwood, Indiana to enhance delivery times and customer support, aligning with its strategy of growing services [1][3] - The new distribution center in Greenwood will feature a 112,000 sq ft facility, allowing for improved flexibility and scalability in operations [1] - The transition is set to begin in May 2025 and conclude by the end of July 2025, with Neovia Logistics as the partner for this operation [2] Company Overview - Kalmar, headquartered in Helsinki, Finland, operates in over 120 countries and employs approximately 5,200 people, with sales totaling around EUR 1.7 billion in 2024 [4] - Neovia Logistics, a Texas-based contract logistics company, has a global presence in 19 countries and has been operating the Kalmar Distribution Center in Europe since 2003 [2][4] Strategic Partnerships - The partnership with Neovia Logistics aims to enhance Kalmar's capacity to process and ship orders efficiently within North America, leveraging Neovia's expertise in warehouse operations [2][3] - Kalmar's investment in this new facility is a cornerstone of its Growing Services strategy, emphasizing long-term capabilities to serve customers in North America [3]
Growing Services: Kalmar invests in North American Genuine Parts warehouse
GlobeNewswire News Room· 2025-04-29 06:30
Core Insights - Kalmar Corporation is relocating its Genuine Parts warehouse from Ottawa, Kansas to Greenwood, Indiana to enhance service delivery and support [1][2] - The new distribution center in Greenwood will feature a 112,000 sq ft facility, allowing for improved flexibility and scalability in operations [1] - The transition is set to begin in May 2025 and conclude by the end of July 2025, with Neovia Logistics as the logistics partner [2] Company Strategy - The move aligns with Kalmar's strategy of growing services, particularly in the Genuine Parts and Service sectors [1][3] - Kalmar aims to invest in long-term capabilities to better serve North American customers [3] Partnership Details - Neovia Logistics, a Texas-based contract logistics company with a global presence, will manage the new distribution center [2][5] - Neovia has a history of operating Kalmar's Distribution Center in Europe since 2003, showcasing a strong partnership [2][5] Company Overview - Kalmar is headquartered in Helsinki, Finland, and operates in over 120 countries with approximately 5,200 employees [4] - In 2024, Kalmar reported sales of approximately EUR 1.7 billion, indicating a significant market presence [4]
Armlogi Holding Corp. Announces Letter of Intent to Acquire Leopard Transnational Inc.
Globenewswire· 2025-03-06 21:05
Core Insights - Armlogi Holding Corp. has announced a non-binding Letter of Intent to acquire Leopard Transnational Inc. to enhance its warehousing and e-commerce fulfillment capabilities [1][2][3] - The acquisition aims to incorporate Leopard's 360,000 square feet of storage area, strengthening Armlogi's competitive position in high-growth logistics segments [2][3] - The transaction is expected to be finalized within 60-90 days, subject to due diligence and necessary approvals [4] Company Overview - Armlogi Holding Corp. is a U.S.-based warehousing and logistics service provider, offering comprehensive supply-chain solutions related to warehouse management and order fulfillment [5] - The company operates ten warehouses covering over 3.5 million square feet, catering to cross-border e-commerce merchants [5] - Armlogi's services include specialized handling for diverse product categories and high-volume fulfillment for major marketplaces like Amazon and Walmart [7] Acquisition Details - Under the terms of the Letter of Intent, Armlogi will acquire 100% of Leopard's issued and outstanding capital stock, with consideration including Armlogi common stock and potential earn-out payments [3] - Leopard will operate as a wholly-owned subsidiary of Armlogi post-acquisition, with plans to retain key personnel for operational continuity [3] - The acquisition aligns with Armlogi's growth strategy in the rapidly expanding e-commerce fulfillment sector [3]