
TPG plans to enter Chinese market, and outlines growth strategy
Dutch postal and logistics company TPG NV aims to enter the Chinese market through acquisitions, joint ventures or by signing up a by signing up a “huge” customer contracts. Chief executive Peter Bakker told media representatives that the company expects to invest around EUR200 million in its Chinese operations over the next two years. 62 TPG employees are currently establishing operations in China, and Bakker said he aims to have around 150 Chinese workers by the end of the year.
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