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TPG ACQUIRES TURKISH LOGISTICS FIRM

TPG ACQUIRES TURKISH LOGISTICS FIRM

   TNT Lojistik, a joint venture of Dutch postal, express and logistics company TPG NV, has acquired a Turkish logistics company Cargotech.

   Cargotech is a warehousing and distribution services provider. No financial details of the transaction were given. Lojistik is a joint venture of TPG and Koc Holding.