Schneider Group, a Invision portfolio company and one of Switzerland’s leading freight forwarding companies, is expanding its operations by acquiring NOVA TRAFFIC , a logistics company with locations in Kloten and Embrach.In the context of the early succession planning of NOVA TRAFFIC, and seeing as the two companies’ product portfolios complement each other perfectly, the joint decision to merge the two groups of companies was made. Invision supported Schneider Group in this transaction.
Employees, customers, and partners of NOVA TRAFFIC benefit equally from the additional possibilities of the internationally oriented Schneider Group. With this merger and the specialized service offerings of NOVA TRAFFIC, the Schneider Group is also supplementing its range of services.
The Schneider Group takes over 100% of the shares of NOVA TRAFFIC from the managing director and owner Daniel Stein. In return, Daniel Stein will become a shareholder in the Schneider Group and join the management of the Schneider Group. He also continues to manage NOVA TRAFFIC.
André Strebel, CEO, commented: “I look forward to working with Nova Traffic and Daniel Stein. The company is the perfect complement for the Schneider Group. I am sure that we will benefit from each other and that we will follow a successful path together.”
Daniel Stein adds: “We speak the same language and share the same values. Employees are important to us. Our customers and partners worldwide are equally important to us. Everyone will benefit from this common path. Personally, I am glad that I have been able to find sustainable solution for my employees and company with the Schneider Group. I am also looking forward to the new tasks and the cooperation in the management of the Schneider Group.”
About the Schneider Group
The Schneider Group, founded in 1865, is an internationally oriented medium-sized forwarding company. At more than 32 locations in Switzerland, Europe, the USA and Asia, and with the help of a worldwide network of partners, the logistics specialist plans and coordinates cross-border freight transport for its customers. In addition to road transport, sea and air freight, Schneider offers comprehensive services, particularly in the areas of customs clearance, logistical value-added services and special services.
Further information is available at www.schneider-transport.com
About NOVA Traffic
NOVA TRAFFIC was founded in Zurich in 1982 as an air freight specialist. Over the years, the portfolio was expanded step by step. Today NOVA TRAFFIC offers the entire product range of a globally active forwarding agent. Beside airfreight the offer includes Europe-wide land transports, international sea freight, individual outsourcing concepts and intelligent warehouse logistics and e-commerce logistics solutions. The company relies on a worldwide network of proven, reliable partners. Since 2007 Mr. Daniel Stein is managing director and owner of NOVA TRAFFIC.
For further information please visit www.novatraffic.ch
Media contacts
SCHNEIDER GRUPPE
André Strebel, CEO
Solothurnerstrasse 48
CH-4002 Basel
Tel. +41 61 365 96 90
www.schneider-transport.com
NOVA TRAFFIC AG
Daniel Stein, VRP
Schaffhauserstrasse 115
CH-8302 Kloten
Tel. +41 44 800 71 00
www.novatraffic.ch
