The daily Les Echos said Monday on its website that the French car group (Peugeot, Citroën, DS and Opel-Vauxhall brands) had “put on sale” its participation.
Joined by AFP, the PSA spokesman said, as he had done with Echos, “note that Gefco’s operational performance and the diversification of its customer portfolio no longer make it necessary for its presence in the capital”, but assures that “no operation is identified at this stage”.
Gefco is a former subsidiary of the automobile group, which sold 75% to the Russian railways (RZD) at the end of 2012 for 800 million euros.
Gefco has 13,000 employees worldwide and achieved a turnover of 4.2 billion euros in 2016.