Belfast logistics company TR Group has acquired the logistics and warehousing operations of Rotterdam-based BG Freight Line, part of Peel Ports UK. The details of the deal were not disclosed.
Stockholm-based business communications company Intellecta AB has announced it has acquired Hilanders Advertising Agency in a share deal worth SEK20 million (£1.7 million). The transaction also includes further payments dependent on the business’ performance over the following three years.
An African conglomerate with a portfolio of investments across the continent has paid US$6 million (£3 million) for a 45 per cent stake in a South African shipping line.
Venture capitalist NVM has invested almost £7 million in the £16 million management buy-out of Product Support, a logistic services provider to the defence industry.
