4 Apr 2011

European company takeover completed by Mainfreight

12:37 pm on 4 April 2011

Mainfreight says its purchase of the European transport and logistics firm Wim Bosman, was completed on Friday.

The $205 million purchase will be funded using bank debt. It was unanimously approved by shareholders last month.

Mainfreight's shares were unchanged at $8.95 on Monday.