TVS Logistics Services takes over UK's Rico Logistics with stake buy
PTI: Chennai, Feb 21 2013, 15:50 IST
to serve the organisation post the acquisition, Dinesh said the employee strength (with this) in Europe would exceed the 2,000 mark.
He replied in the affirmative when asked if the company has lined up any more acquisitions, saying three more deals are in the pipeline.
On the company's target for this year, he said TVS Logistics expects to reach Rs 2,500 crore revenue by March 2013. Last year, it had reported revenues of about Rs 1,850 crore.
Stating that the domestic market remains dull due to uncertain economic conditions worldwide, he said TVS Logistics hopes to grow at about 15 per cent this year.
Previous Story Sir Richard Branson pledges to donate half his Virgin fortune to 'make peaceful world' Next Story Sir Richard Branson desperately seeking original Oz 'Virgin'
Reader's Comments| Post a Comment
Be the first to comment.
