# GEFCO awarded €8bn contract to manage PSA Group supply chain

GEFCO signed a €8 billion exclusivity agreement with PSA Group to manage and optimize the automaker's global manufacturing supply chain for five years starting January 1, 2017.

- Type: Contract
- Announced: 2016-11-03
- Value: $8.80B (8.00B EUR)
- Status: announced
- Products: supply chain management services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GEFCO](https://endata.com/companies/5811.md) (supplier)
- [PSA Group](https://endata.com/companies/19914.md) (customer)

## Sources

- [theloadstar.com](https://theloadstar.com/gefco-awarded-e8bn-contract-to-optimise-psa-groups-global-supply-chain/), 2016-11-03: "The PSA and GEFCO groups have signed a new €8 billion exclusivity agreement under which GEFCO will manage and optimise the automaker’s entire global manufacturing supply chain."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.