Transport Management International
Logistics service provider
Business activity and description
TMI is a diversified logistics service provider with strong positions in Benelux freight forwarding (air, sea and land, alongside smaller positions in integrated logistics and platform handling.
- Deal size: Undisclosed
- Deal size at exit: Undisclosed
- Deal type: Trade sale
- IRR: 24%
- MoneyMultiple: 3.1x
- Date of investment: November 2001
- Date of exit: September 2007
- Sold to: Rhenus Logistics AG
Following a downturn in global trade in 2002, AAC Capital Partners supported management to reshape the business and sell off 2 out of 3 business units. On the back of a new strategy delivering strong growth and results since 2005, TMI was sold to Rhenus Logistics.