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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Norbert Dentressangle incorpora nuevas actividades de freight forwarding

Norbert Dentressangle incorporates new activities of freight forwarding

17/07/2012

17 July 2012

Norbert Dentressangle has purchased the activities of freight forwarding of John Keels Group, conglomerate of Sri Lanka, after the signature of the protocol on 4 July 2012. The activities of freight forwarding recently purchased employ to 120 people and represented in the exercise 2011 a volume of near business to the 10 million dollars (8 million euros1), with a network of 6 offices in the Indian, that cover the main regions of the seaboard and other 2 in Sri Lanka.

The operation allows to Norbert Dentressangle reinforce his position in the business of freight forwarding, in accordance with his aims, and enter in the markets of Indian and Sri Lanka, in strong expansion. After the acquisition of APC Beijing International, in China, to finals of 2011, the acquisition of an agent of freight forwarding reliable, recognised and of important size in Indian and complete Sri Lanka the implantation of the group in the Asian continent.

The activity of freight forwarding of Norbert Dentressangle explains now with a network of 50 offices, 600 workers and with presence in 12 countries of 3 continents.

Is foreseen that the operation close to finals of August of 2012.

1 According to the exchange rate of 18 June 2012: 1,25692 USD by 1,00 EUR.

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