M&A Deal Summary

Netlog Lojistik Hizmetleri AS Acquires TNT Fashion Group B.V.

On March 11, 2014, Netlog Lojistik Hizmetleri AS acquired transportation company TNT Fashion Group B.V. from TNT Express NV

Acquisition Highlights
  • This is Netlog Lojistik Hizmetleri AS’s 1st transaction in the Transportation sector.
  • This is Netlog Lojistik Hizmetleri AS’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2014-03-11
Target TNT Fashion Group B.V.
Sector Transportation
Buyer(s) Netlog Lojistik Hizmetleri AS
Sellers(s) TNT Express NV
Deal Type Divestiture

Target

TNT Fashion Group B.V.

Oldenzaal, Netherlands
TNT Fashion Group B.V. engages in fashion logistics. It runs 200,000 sqm of modern warehousing, mainly in the Netherlands. Its customer base consists of European and US blue chip lifestyle companies. It has a vast coverage in transport solutions and has been very successful in assisting in the growth of its customers.

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Buyer(S) 1

Buyer

Netlog Lojistik Hizmetleri AS

Istanbul, Turkey

Category Company
Founded 2003
Sector Transportation
DESCRIPTION

Netlog Lojistik Hizmetleri AS Turkey’s largest integrated logistics company with a strong presence in Europe and Asia. Company providing integrated supply chain solutions in its domestic and international markets. Netlog offers a full suite of supply chain solutions including warehousing, domestic and international trucking alongside air and sea freight forwarding through its extensive network of over 65 warehouses, with a combined area of more than 1.1 million square meters. Netlog also operates one of the largest owned fleets in Turkey with over 3,200 transport vehicles. Netlog’s value added logistics offering covers a diversified set of sectors including fast moving consumer goods (FMCG), food and beverage, retail and fashion.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

TNT Express NV

Hoofddorp, Netherlands

Category Company
Founded 1946
Sector Transportation
Revenue 6.7B EUR (2013)
DESCRIPTION

TNT Express NV is a Dutch logistics and shipping company serving Europe, the Middle East and Africa, Asia-Pacific and the Americas.


DEAL STATS #
Overall 3 of 3
Sector: Transportation M&A 2 of 2
Type: Divestiture M&A Deals 3 of 3
Country: Netherlands M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-16 TNT Airways S.A.

Grâce-Hollogne, Belgium

TNT Airways S.A. offers air freight and transportation services. The company offers air cargo services, specialized charters, and passenger operations.

Sell -