TPG Buys Global Freight Forwarder Wilson

Share this article:
Dutch mail, express and logistics company TPG N.V. announced Friday its acquisition of global freight-forwarding company Wilson Logistics Group, based in Sweden, from Nordic Capital for about $308.7 million.


The deal, to be financed with cash reserves, is expected to close in the third quarter. Wilson has global freight-forwarding operations in 28 countries.


By acquiring Wilson's freight-forwarding capabilities, TPG subsidiary TNT will offer its contract logistics clients a full array of supply-chain management services including air freight, sea freight and combined sea/air freight. The deal is also expected to attract new clients in the contract logistics business.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Direct Mail

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Direct Mail

USPS Commissions Brain Research on Direct Mail

USPS Commissions Brain Research on Direct Mail

The Office of the Inspector General seeks neuroscientists to investigate human responses to digital and physical media.

Direct Mail Remains Impactful

Direct Mail Remains Impactful

Even in this prolific digital age, direct mail proves to be a strong tool for marketers. Standard mail volume is growing at 3% and marketers will spend $45 billion on ...

Delivered: Coupon Mailers

Delivered: Coupon Mailers

What's in our mailbox this month: Coupons. See which ones are good deals—and which ones you shouldn't deal with.