June 25, 2010 [ADPO] - The ADPO Group (Antwerp, Belgium) announced today that it has entered into a Sale Agreement with the Gadot Group (Herzeliya, Israel) for the sale and transfer of ADPO Ghent, Belgium.
ADPO also advised that, under the Gadot Group, ADPO Ghent will keep and maintain its existing organisation, business services and responsibilities. The formal transaction is expected to be fully implemented in the course of August 2010. According to the Press Release, Gadot will operate the Ghent terminal by its European logistics subsidiary, the VLS-Group.