[photopress:geodis.jpg,full,alignright]Geodis, the logistics company expects to more than double its turnover in China next year to 200 million euros ($265.3 million) from 80 million euros this year.
The French company, plans to buy back 30 percent shares from its Chinese partner in the near future and operate as a wholly owned concern. It said it would expand contract logistics business in China through acquisition and organic growth.
Source: Shanghai Daily