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AB InBev signs multi-year warehouse agreement
AB InBev has signed a nine-year lease for warehousing space for its beers at e-logistics park e-Valley in Northern France.
The deal, made with Brookfield-owned French logistics platform Castignac, signals the start of AB InBev consolidating its supply chain across Europe and was brokered by Coldwell Banker Richard Ellis (CBRE).
Speaking to the drinks business, AB InBev France managing director Pieter Anciaux explained how the deal would ultimately “improve” the business’s productivity and workflow.
Anciaux said: “This agreement will, with no doubt, significantly improve our storage capacity and improve our productivity thanks to optimised workflows. With this new warehouse, we will be able to provide better delivery to our customers which will enhance their satisfaction.”
The new 62,000 sqm warehouse which was built on the former Cambrai airbase in the Hauts-de-France region and was chosen by AB InBev due to its well-connected location and the opportunity for further expansion, with the potential to increase the space to 90,000 sqm in the future, with France earmarked as a market to grow.
Anciaux told db: “This new competitive advantage in the market will provide us opportunities for growth in France; one of our key growth markets in Europe.”
Castignac currently manages a 724,000 sqm portfolio of logistics assets in France on behalf of Brookfield and has secured planning permission for 550k sqm of warehousing at e-Valley.
Following the deal, AB InBev will work closely with its newly-appointed 3PL provider, ID Logistics, to optimise both wholesale and retail distribution flows.