TNT announces exercise of option right by Italian joint-venture partner

TNT announces that the minority shareholder in its Italian joint venture TNT Arvil, Ecotras SRL of Milan, has given notice of the exercise of its option. Under this option Ecotras had the right to sell its 49% shareholding in TNT Arvil to TNT Logistics Holding Italy SRL. After transfer of the shares TNT Logistics Holding Italy SRL will hold all shares in TNT Arvil.

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KEBA, based in Linz (Austria) and with branches worldwide, is a leading provider in the fields of industrial automation, handover automation and energy automation. With around 2000 employees, KEBA offers innovative solutions such as control systems, drive systems, ATMs, parcel locker solutions, e-charging stations, and […]

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