Wednesday, July 24, 2024

TNT Express to sell its overnight delivery arm – TNT Innight

TNT Express is to sell its overnight distribution subsidiary TNT Innight to the private equity firm Special Situations Venture Partners III (SSVP). The company says the sale is motivated by TNT’s strategy to concentrate resources on strengthening its core express delivery activities. TNT Innight provides night-time distribution services in Europe to companies in sectors such as […]