The Abraaj Group Acquires Minority Stake in Netlog (CEE and CIS)
Posted On: 27 Jul 2017 | Source(s): The Abraaj Group
Global growth markets investor The Abraaj Group has acquired a significant minority stake in Turkey-based integrated logistics company Netlog. The company, which offers a full suite of supply chain and logistics solutions, including warehousing, domestic and international trucking and air and sea freight forwarding, plans to partner with Abraaj to accelerate its growth by investing in infrastructure and expanding operations in MENA and Europe. Financial details of the transaction were not disclosed.