D. Logistics joins Siemens e-business venture

March 29, 2000

Logistics outsourcing company D. Logistics of Germany announced an agreement with Siemens Medical Engineering Group to start a new e-business venture in Europe’s medical market. Siemens will hold a 51% stake in the new company.The new company will

Logistics outsourcing company D. Logistics of Germany announced an agreement with Siemens Medical Engineering Group to start a new e-business venture in Europe’s medical market. Siemens will hold a 51% stake in the new company.

The new company will be aimed at establishing an electronic business communications platform for e-business between suppliers and customers in medical markets.

Using the new platform, hospitals, private medical practices, and pharmacies will be able to communicate via network channels with suppliers of their choice to speed orders for materials and medicines.

Siemens as a whole expects to soon be generating more than 25% of its total sales with e-business activity.

In addition to outsourcing optimizing logistics, D. Logistics sells B2B customers consulting services, temporary help, and tailored information technology. The company has 1200 employees and is headquartered in Leverkusen, Germany.