Lufthansa Cargo takes over time:matters
Lufthansa Cargo has added to its stake in express delivery firm time:matters to take control of the company. Lufthansa Cargo, which spun off time:matters as a subsidiary in 2002, owned 49% of the logistics firm prior to the purchase, with the remaining 51% owned by the company’s management and Aheim Capital Funds. Lufthansa did not provide information on the purchase price of the 51% stake. “time:matters has established itself in recent years as the leading specialist for same-day delivery and emergency logistics in Europe”, Lufthansa Cargo CE Peter Gerber said. “With time:matters, we are aiming to grow our business in the special segment as well.”<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-08-10/general/lufthansa-cargo-takes-over-time-matters
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Lufthansa Cargo takes over time:matters
Lufthansa Cargo has added to its stake in express delivery firm time:matters to take control of the company. Lufthansa Cargo, which spun off time:matters as a subsidiary in 2002, owned 49% of the logistics firm prior to the purchase, with the remaining 51% owned by the company’s management and Aheim Capital Funds. Lufthansa did not provide information on the purchase price of the 51% stake. “time:matters has established itself in recent years as the leading specialist for same-day delivery and emergency logistics in Europe”, Lufthansa Cargo CE Peter Gerber said. “With time:matters, we are aiming to grow our business in the special segment as well.”<br/>
