Nordic Transport Group (NTG) acquires 61% of transport firm Combino East
26. September 2018
Nordic Transport Group (NTG), a fast-growing Danish transport and logistic group, today announced the acquisition of Danish transport group Combino East, specialised in transportation of frozen and cooled goods in Eastern Europe.
“Combino East is a great match for NTG in terms of business activities and geography, and it will strengthen our activities within frozen and cooled goods. Combino East has shown good growth rates in the past years, and has interesting growth prospects ahead. By implementing our unique partnership-based business model, with focus on shared ownership by key employees, we will together be stronger and able to capitalise on synergies to the benefit of our customers,” said NTG Group CEO, Road & Logistics, Jesper E. Petersen.
Press release here (PDF)