Advanced Search

Home / Knowledge / News / Apparel/Garments / TNT NV & We complete Fashion BV (IDCF) deal

TNT NV & We complete Fashion BV (IDCF) deal

02
May '06

Global logistics company TNT N.V. and WE International B.V. (WE) announced that they have completed the sale of ID Company Fashion B.V. (IDCF). Parties agreed not to disclose financial details.

TNT decided to divest IDCF as the company's activities are non-core to TNT.

IDCF is one of the leading suppliers of corporate wear in the Netherlands. The company is increasingly internationally oriented and currently services around 20 corporate clients in the Netherlands and abroad.

TNT will continue its existing relationship with IDCF as its main corporate wear supplier. The combination of IDCF and the corporate wear activities of WE will provide a solid basis for future growth and profitability.

Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance.

TNT focuses strategy will make us build on that track record to strive to become the first pan-European mail company.

TNT N.V. provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. TNT design, implement and operate complex supply chain solutions on a national, regional and global scale for medium to large enterprises.

TNT N.V.

More Apparel/Garments News - Netherlands...

Must ReadView All

Pic: Dong Nhat Huy / Shutterstock.com

Apparel/Garments | On 20th Apr 2021

New guidance for Vietnam's apparel and footwear industry

The Australian Human Rights Commission has released new human rights...

Pic: Shutterstock

Textiles | On 20th Apr 2021

Egypt ready for world's largest textile factory by March 2022

Egypt is going full throttle with the construction of a textiles...

Pic: I Love Coffee dot Today / Shutterstock.com

Apparel/Garments | On 20th Apr 2021

COVID-19 lockdown halts garment production in parts of Cambodia

A 14-day lockdown imposed to curb the spread of COVID-19 pandemic has ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strike a balance between handmade in India and 'Make in India'

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Textile Industry, Head honchos

Textile Industry
Head honchos

Money never disappears-it just finds new opportunities

Prakhar Singh,

Morgan Tecnica offers the largest and most modern range of solutions for...

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Ritu Oberoi,

Established in 2018, Forsarees is a socially driven business enterprise,...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Press Release

Letter to Editor

RSS Feed

Search Companies

Leave your Comments

Recommended

April 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Wiseprotec

X

Advanced Search

Category

SubCategory

Country

Year

Month

Type

Company