john-keells-group

Norbert Dentressangle moves into India and Sri Lanka

Norbert Dentressangle is to take over the freight forwarding operations of Sri Lankan and Indian-based conglomerate, John Keells Group, following a share purchase agreement signed on 4 July. The transaction is due to be finalised at the end of August. The freight forwarding operations employ 120 people and had reported revenues of nearly $10 million (€8 million) in 2011, with a network of six offices in India, covering the main coastal ... [+]