TPG NV said it officially launched its 50/50 joint venture with Shanghai Automotive Industry Corp Group (SAIC) to provide logistics services to the automotive industry in China.
The joint venture was announced in September.
TPG reiterated that the venture will employ more than 600 people and have annual sales of about 100 mln eur. Operations had been expected to commence in March 2002.
Since 2016, Rovlocker systems have been operating successfully 24/7 across different regions of the world and under diverse climate conditions. Rovenma has been successfully deploying parcel locker networks for major operators including The Courier Guy in South Africa, Trendyol, Pudo, and PTT in Türkiye, as […]
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