MSAS GROUP ACQUIRES U.K. LOGISTICS FIRM NEWSROUND
MSAS/Exel group has acquired Newsround International Airfreight Ltd., a U.K.-based firm specialized in international publishing logistics.
News International Airfreight has annual revenues of about '4 million ($6 million).
MSAS said that the acquired company will add strong import airfreight capability to Higgs, the MSAS international publishing logistics arm, and expand its client base.