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AUG 20, 2004 (newstodate): Following approval from authorities, TPG announced today the completion of the acquisition of the Swedish-based global freight forwarding company Wilson Logistics Group from Nordic Capital.
The eventual sales price was SEK 2.35 billion, or euro 257 million, on a debt free basis, financed by TPG from cash reserves.
This acquisition is TPG's first major step into global freight forwarding and further strengthens its position as a leading logistics and express service provider, the company says.
The eventual sales price was SEK 2.35 billion, or euro 257 million, on a debt free basis, financed by TPG from cash reserves.
This acquisition is TPG's first major step into global freight forwarding and further strengthens its position as a leading logistics and express service provider, the company says.