TPG, through its TNT Logistics division, has today announced the acquisition of ALS (Advance Logistics Services), an important player in the Italian Logistics and Transport market. ALS, with sales of € 209 million in 2000, reinforces TNT’s position in Italy and provides a strong European road network to support pan-European logistics solutions.
Read MoreDanzas/AEI merger has created a new number one forwarder, but how are smaller players reacting
Read MoreTotal DM spending in the European Union in 1999 totaled more than 42 billion euros ($36.8 billion at current exchange rates of about 90 cents) with direct mail accounting for the lion’s share — 26.5 billion euros.
Read MoreIl Sole 24 Ore says, “Italian banking group UniCredito Italiano (UniCredit) is to sign a cooperation agreement with Bancoposta, the banking division of Italian postal service Poste Italiane.
Read MoreAlitalia, the Italian national carrier, is on the verge of forging a strategic alliance with Air France in a move that could lead to the airlines taking mutual stakes. Italian government officials said on Sunday that Alitalia was in advanced talks with Air France over a commercial agreement.
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