• Saffelberg Investments

Brussels, 30 September 2010 - Belspeed NV (http://www.belspeed.eu), a leading European player in fashion logistics with Belgian roots has entered a new era. The historical founders/shareholders have sold 100% of the shares to a new management team, working in partnership with Saffelberg Investments. 


As a logistics partner, BELSPEED has offered an exquisite service to the fashion-elite for the past 27 years. Belspeed provides a safe and punctual delivery of millions of pieces of clothing around Europe. The service package of BELSPEED is very comprehensive: starting from the customer's production platform, the high quality products are shipped into Europe via sea or air traffic. From the BELSPEED warehouses the designer clothes find their way to distributors and retailers throughout Western and Eastern Europe and new emerging markets. On hangers and in boxes, sorted and packed, or as bulk, the shipments are processed and delivered with streamlined precision, personal attention, integrity and efficiency,


From the offices in Eupen, Kruishouten and Beveren-Leie, 15 million pieces annually find their way to retail outlets across the European market. The expected turnover for 2010 is approximately 20 million EUR. The group employs 140 staff. Belspeed collaborates with numerous renowned fashion brands.


The new management, Johan Milliau, Steven Rymenans and Philippe Desmedt, and with the strong support of Saffelberg Investments wants to continue the strong growth BELSPEED has known in recent years. This way, the company can continue to strengthen its position in a challenging and quickly evolving market.


Every member of the management team has extensive experience in logistics and fashion logistics.


Johan Milliau, the new CEO of BELSPEED: "Building on the fantastic reputation BELSPEED has acquired in the fashion industry over the past decades, we are convinced that an experienced management team can play an even more prominent role in this vibrant and exciting market of Fashion Logistics. More than ever we want to deliver outstanding services to our customers, to whom the logistics process is a small yet crucial step in their value chain. Throughout a carefully balanced sales process the former shareholders have emphasized their values which we fully endorse: customer focus, flexibility, willingness to invest and constructive teamwork. With adequate pride we accept the challenge!"


Steven Rymenans, the new Operations Director, has years of experience in the specific domain of fashion logistics: "The impeccable reputation of BELSPEED with a wide range of loyal, yet demanding customers combined with the financial strength to optimize the logistic processes, lay the foundation for the future development of BELSPEED as a European player in Fashion Logistics."


The continuity in the management is ensured by Philippe Desmedt, one of the cornerstones of the group in the last decennium: "Building on the fantastic reputation BELSPEED has acquired in the fashion industry over the past decades, this is the perfect time to bring the company to the next level in its development and that we can play an even more prominent role in this vibrant and exciting market."


For more information

Johan Milliau, C.E.O.

johan.milliau@belspeed.eu


Steven Rymenans, Operatins Director 

steven.rymenans@belspeed.eu


Philippe Desmedt, Commercial Director 

philippe.desmedt@belspeed.eu


About Belspeed: International Fashion Logistics

As a logistics partner, BELSPEED provides an exquisite service to the fashion elite for the last 25 years. It is responsible for secure and punctual delivery of millions of clothing pieces- by sea or air traffic, from factories worldwide to distributors throughout Western and Eastern Europe and new emerging markets. On hangers and in boxes, sorted and packed, or as bulk, the shipments are processed and delivered with streamlined precision, personal attention, integrity and efficiency.

BELSPEED provides tailor-made services, specially adjusted to your logistic fashion needs. Its mission includes enlarging your competitive advantage by delivering a flawless logistic service, in order for you to focus on your key activities.

www.belspeed.eu


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