GLOBAL express and mail service provider TNT announced it has completed the acquisition of Hoau Group, China's private freight and parcels delivery firm.　　

The US$135 million deal is expected to give TNT a competitive road transport capability in China, the Dutch company said. Hoau's network includes 1,100 depots, 3,000 vehicles and 56 hubs in China covering all major and second-tier cities.

Source:佚名