Subscribe to RSS feedDeltec buy extends Toll’s presence in Asia market
by
Keith Wallis
—
last modified
Jul 16, 2009 05:47 PM
THE TOLL Group, which has expanded into freight forwarding in Asia, is planning a similar move into the express parcels and courier sector after acquiring three mainly Hong Kong-based outfits.
The firm has acquired the operations of Deltec in Hong Kong, Singapore and Australia, complementing Toll’s existing air freight operations in Australia and New Zealand, together with Kwikmail and Skynet (Hong Kong).
The three companies have consolidated revenues of...
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