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Malherbe Group Takes Strategic Stake in TLW Group, the Third Largest Luxembourgish Transporter

07/05/2024

Surpassing the €460 million mark in annual revenue through this...

Malherbe Group Takes Strategic Stake in TLW Group, the Third Largest Luxembourgish Transporter

Malherbe Group Takes Strategic Stake in TLW Group, the Third Largest Luxembourgish Transporter

07/05/2024

Surpassing the €460 million mark in annual revenue through this strategic participation, Malherbe establishes itself as a significant and ambitious player in Europe.
 

Caen/Luxembourg, March 22, 2024 – Malherbe Group, one of the leading road freight transport (and logistics) operators in France, proudly announced its entry into the capital of TLW Group, founded in 2005 and the third-largest carrier in the Grand Duchy of Luxembourg. This bold move propels Malherbe into new professions and new horizons, reinforcing its footprint on the European road freight transport chessboard.

Chaired by Alain SAMSON and managed by his brother Noel, the Malherbe Group is praised and recognized for its financial stability, ambitious environmental commitments, and high-quality transport services.

Before this investment, the company had a turnover of €405 million and managed a significant fleet of 2,200 engines for 2,900 employees.

With its status as a major player in the BENELUX, TLW Group, on the other hand, stands out with an international turnover of more than €60 million, about ten companies spread across several countries with its headquarters in Luxembourg, 450 employees, specialized operations (RFS, Big Volume Express, etc.), and a fleet of more than 350 vehicles.

This merger goes far beyond simple numerical calculations: it is a fusion of visions and excellence.

As Noel SAMSON simply says, "This operation marks a fundamental step for the Malherbe group... because having the ambition to develop internationally is one thing, having the means (and the People) is another; with the integration of TLW and its founder, the Malherbe Group is further strengthened by relying on a dynamic, rigorous, and committed European leader, acquiring new complementary know-how and truly endowing itself with new European transport capacities in its own fleet (with Drivers under French or Luxembourg contracts)."

In fact, Jeremy Windsinger, CEO of TLW Group, is confirmed in his role and will continue to lead the group while also taking on the role of Chief of International Development at Malherbe.

He expressed his enthusiasm for this strategic union with the Malherbe Group.

"From our first discussions, it became clear that we shared similar fundamental values - innovation, excellence in service, and a deep commitment to customer satisfaction," said Mr. Windsinger.

"This synergy of values and vision made this approach not only logical but also inevitable given the rapid expansion of our Luxembourg group.

I am extremely excited about contributing to the international expansion of Malherbe while preserving the unique spirit that has made TLW successful."

Mr. Windsinger also emphasized the importance of corporate culture in this merger. "Companies are not just numbers and contracts; they are driven by people and cultures. Finding a partner who respects and values our unique culture was paramount. With the Malherbe team, we have found a resonance not only strategically but also on a human level."

This decision highlights Malherbe's commitment to merging TLW's European expertise with its own scope.

This merger is not just a masterstroke in the road transport sector; it redefines the competitive landscape. It brings Malherbe closer to the €500 million turnover mark, conferring it the status of a leading European player in Owned Fleet and a complementary presence in Luxembourg, Belgium, Romania, and Spain.

With this geographic expansion and increased capacity, Malherbe now asserts itself as a significant force in the European market.