Sinotrans completed the acquisition of 7 European subsidiaries of KLG Europe for €386m.

Sinotrans, the largest logistics company of the People's Republic of China, completed the acquisition of 7 European subsidiaries of KLG Europe, a Netherlands-based provider road transport services, for €386m. “Making the right decisions at the right time, in a responsible manner, with a clear vision and strategy, is part of good entrepreneurship. You have to carefully take into account the continuity and growth of your company, the interests of your staff, your clientele and your foreign agents and networks. We have always seen this as one of the core values ​​of our business and we are convinced that this has been an important pillar that has contributed to the success of KLG Europe,” Ad and Kees Kuijken, KLG owners.