Logistic Force buys staffing firm Wiver, broadens Dutch presence
AMSTERDAM, NETHERLANDS – Staffing firm Logistic Force has bought temporary staffing company Wiver Logistiek (Wiver), subsequently expanding its reach across the Dutch market.
Through the deal, Logistic Force amplifies its reach in the Netherlands. Logistic Force has 20 branches while Wiver has 10 branch offices across the Netherlands. The merger is expected to initiate innovations and unlock growth opportunities for both firms.
Logistic Force and Wiver both specialize in providing manpower for the transportation and logistics industries. Logistic Force provides approximately 2,000 workers across the Netherlands daily. Meanwhile, Wiver provides over 300 operational personnel such as movers, truck drivers, and warehouse workers.
Both companies forecast the acquisition to boost their revenues to go over €120 million-mark (US$153 million) this year. Logistic Force was backed by investment firm FIELDS Group, which partnered with the staffing firm in December 2021.
Martin van Dijk, chief executive officer (CEO) of Logistic Force said, “This is a fantastic next step in our growth strategy. This acquisition further motivates us in our quest for further add-on acquisitions that help to bolster our market position in the Benelux.”
Raymond de Wit, former CEO of Wiver, said, “We are very happy to have become part of Logistic Force. Both companies are active in the same market and work according to the same principles; you immediately notice that in the mutual conversations we are having.”
The effective date of acquisition was on November 30, 2023. The terms of the deal were not disclosed.
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