- Construction project at the logistics hotspot on the A61 near Koblenz is started
- Goal: Creation of a further essential basis for growth
Marburg, March 12, 2020 – 3U HOLDING AG (ISIN DE0005167902) continues to push ahead with its project to expand and optimise its supply chain for its e-commerce and other activities in its SHAC segment (sanitary, heating and air conditioning technology). After careful consideration of several options, the company has decided to construct a warehouse and logistics property itself and has now acquired an approximately 24,000 sqm site in the A61 industrial estate near Koblenz for this purpose. The industrial estate is known as a logistics location for companies such as Kühne + Nagel, Amazon, Lidl or Hermes and has excellent infrastructure and transport links.
This should provide a further essential basis for the planned growth of 3U e-commerce in the coming years. The construction of the new facility is already being prepared and supplemented by internal optimisations: processes and organisation are being revised, optimised and set up for further automation. The already very good delivery quality should thus be further improved and contribute to a further increase in customer satisfaction. The investment will also pay off through a sustainable increase in efficiency and earnings.
The purchase price of the land amounts to around EUR 1 million. The total investment for land and buildings is expected to be around EUR 11 million. It is intended to finance the investment mainly through a long-term loan. Preliminary construction planning has already begun. The move is scheduled to take place in the first half of 2021.
“An efficient and future-oriented supply chain is of great importance for our business in the SHAC segment,” explains Michael Schmidt, Spokesman of the Management Board of 3U HOLDING AG. “Purchasing, order processing and delivery are critical success factors that have a direct impact on sales and earnings. In our new distribution centre in Koblenz we are creating space to be able to expand this central part of our business process in a future-oriented manner. We are introducing state-of-the-art technology and thus creating the logistical basis for the planned strong growth in the coming years”.
Dr. Joachim Fleïng
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax.: +49 6421 999-1222
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market. 3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).