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Norbert buys Sri Lankan forwarder

Norbert Dentressangle is to take over the freight forwarding operations of Sri Lanka-based John Keells Group, which has sales of £6.4m.

The operations acquired include six offices in India and two in Sri Lanka employing 120 people.

The acquisition enables Norbert Dentressangle to strengthen its growing freight forwarding business, in line with its strategy, and to gain a foothold in the fast-growing Indian and Sri Lankan markets.

Last year it bought APC Beijing International in China.  Dentressangle’s freight forwarding business now has 50 offices and 600 employees operating in 12 countries.

Article source: http://www.logisticsmanager.com/Articles/Article.aspx?liArticleID=18764