NTG secures strategic acquisition of ITC Logistic

Strengthening NTG’s presence in Germany’s logistics market

Completion of acquisition marks a key milestone for NTG
NTG Group is pleased to announce the successful completion of its acquisition of ITC Logistic GmbH following the fulfilment of all regulatory requirements. ITC Logistic GmbH is a well-established German logistics provider known for its tailored solutions in road transport and supply chain management.

Unlocking synergies and strengthening NTG’s European operations
Jesper Petersen, CEO of Road & Logistics at NTG, comments: “This acquisition significantly strengthens NTG’s position in Germany. Combined with the recent completion of the Schmalz+Schön acquisition in October 2024, we have expanded our workforce by over 600 skilled professionals servicing customers all over Europe. We expect that ITC’s integration will drive operational efficiencies and create synergies valued at EUR 2.3 million annually, further enhancing NTG’s European footprint.”

About ITC
ITC Logistic GmbH operates from five key locations across Germany, with a workforce of approximately 210 employees. The company has consistently delivered strong financial performance, including revenues of EUR 80.4 million in 2023. For further information, please visit www.itc-logistic.com.

For additional information, please contact:

Sebastian Rosborg, Head of Investor Relations
+45 42 12 80 99 | ir@ntg.com

Birgitte Hansson, Head of Group Marketing & Communications
+45 42 12 80 90 | press@ntg.com

News update?

Would you like to be notified by email whenever NTG releases a news story?