Logistics service provider Netlog has its eye on the Netherlands. Within two years, the Turkish concern wants to make an acquisition here.
ANP writes. Netlog's plans are part of a European growth strategy. With a total of seven acquisitions, the logistics service provider wants to expand in Europe. To this end, it has set aside 350 million euros. The investment should lead to a doubling of turnover to 1.7 billion euros.
Besides the Netherlands, Netlog is interested in Poland, England, Belgium, Germany and Turkey. Within two months, Netlog hopes to complete the purchase of a Polish logistics company.
Netlog, which was founded in 2004, is among the 100 largest companies in Turkey. The logistics service provider manages more than 74 warehouses across six countries. The company has more than 10,000 employees.
