Nordic Capital, the Swedish private equity firm, has sold Wilson Logistics Group, a company it built up through acquisitions to form one of Scandinavia's largest logistics businesses.

TPG, a rival logistics group, has agreed to buy TPG in a Skr2.35bn (€256m) all-cash purchase having outbid private equity firms eyeing the business in an auction run by Dresdner Kleinwort Wasserstein. TPG was advised by Goldman Sachs.

Nordic Capital sells Wilson Logistics for Skr2.35bn

Michael Herman

Wilson Logistics Group

Trelleborg Group

Goldman Sachs

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