Targus signs long term agreement with Schenker

Schenker handles total supply chain for EMEA market

News Item Entered: Monday, November 13, 2006

(Tilburg, 13th November 2006) Targus decided to renew and extend the cooperation with Schenker in the Netherlands in a three year’s contract with an estimated annual turnover of 8 million Euro. Schenker will be responsible for the total supply chain of Targus products, a range that covers Notebook Carry Cases, Power Adapters, Security Devices and many portable options such as mice, hubs, keypads, to and from the EMEA market.

“We continue to be impressed by the know-how and service of the Schenker team and look forward to this extended cooperation” says Barry Dennis, Operations Director EMEA at Targus Europe Ltd., “Targus expects an annual growth of about 20 per cent in the EMEA market. We needed a logistics partner to grow together with us, giving us all required support.”

John Scherpenborg, Director Land Transport at Schenker in the Netherlands: “We are proud to work with the excellent products Targus distributes. It goes without saying that we will provide logistics services at an equally excellent level.” This cooperation will comprise a full service ranging from pick and pack, VAL activities and transportation to return handling. The project involves a work force of approximately 30 people.

In the Netherlands Schenker has a network of modern logistics centres and offices in Amsterdam, Beringe (L), Ede, Maastricht, Oldenzaal, Rotterdam, Tilburg, Venlo and Vlissingen. The branches specialize in continuously developing innovative logistics solutions in land transport, air and sea freight, fairs & exhibitions, project services, warehousing and value added services.

With annual sales of 8.9 billion euros, 42,000 employees and about 1,100 offices around the world, Schenker is one of the world's leading providers of integrated logistics services, offering land operations, air and sea freight as well as comprehensive logistics solutions and global supply chain management from a single source. Schenker is a part of DB Logistics, the Transportation and Logistics Division of Deutsche Bahn AG.

About Targus
Targus pioneered the notebook computer carrying case. By partnering with corporations, retailers and OEMs to provide the best possible protection for notebook PCs, Targus continues to define and shape the market for portable computing accessories. As the leading global supplier of portable solutions, Targus Group International has offices on every continent and distributes in over 145 countries. Targus Europe has offices in Europe, Middle East and Africa and is a Targus Group International company. For more information about stockists please visit www.targus.com.