LNC360
Cognos successfully advises LNC360 on its acquisition by Top Chrono company, a beautiful operation in the B2B delivery market
Following the acquisition of Deliver.ee, a pioneer in shop delivery, in September 2021, the TopChrono group has just integrated into its family a long-standing player in the Paris region in the B2B delivery sector: Les Nouveaux Coursiers (LNC), with the support of Siparex and Bpifrance.
The TopChrono group has been in existence for more than 35 years and is a leading player in the B2B delivery market. It has developed around four main activities: BtoB urgent deliveries, home deliveries for retailers and e-merchants, express transport of organic products under controlled temperatures and national and international courier services.
Thanks to a dynamic external growth strategy, the group’s turnover will increase by an average of 21% each year, from €54m in 2020 to €66m by the end of 2021. Based in Saint-Ouen, it currently has 750 employees.
In this context of growth, the group has just acquired LNC. Founded in 1981 by its current director, Eric Darras, LNC is a family business based in the Ile-de-France region that specialises in express delivery and logistics from its 950m2 warehouse in Ivry-sur-Seine.
This acquisition brings the group’s turnover to over €68m and consolidates its position as leader in the BtoB courier business in the Ile-de-France region. The acquisition also gives the group a new logistics hub south of Paris, thus completing its network and strengthening its last-mile logistics services in the Paris region.