Nordic Capital to divest Wilson Logistics Group to TPG

Nordic Capital to divest Wilson Logistics Group to TPG Nordic Capital has entered into a definitive agreement to sell Wilson Logistics Group to Netherlands-based mail, express and logistics company TPG at an enterprise value of SEK 2.35 billion. The addition of Wilson creates a new platform at TPG, propelling its growth in the freight-forwarding segment. Nordic Capital formed Wilson Logistics Group in July 1999 through the simultaneous acquisition of three companies: Wilson Group, Castelletti Overseas and Combined Logistics. Wilson has developed significantly under Nordic Capital's ownership, during which time Wilson pursued four subsequent add-on acquisitions. The 2002 acquisition of Exceed - the largest of the four - positioned Wilson as the undisputed market leader in the Nordic countries. During recent years Wilson has achieved strong organic growth through new customer contracts in combination with a continuous profit improvement. "Wilson Logistics Group has enjoyed very impressive growth during Nordic Capital's five-year ownership. It has been a privilege to work in close concert with management to establish Wilson as one of the leading freight forwarding companies in Europe. Further, I'm delighted that Wilson will form a new platform on which TPG will further develop its global freight forwarding business operations," says Ulf Rosberg, Partner, Nordic Capital. Wilson Logistics Group is Scandinavia's largest air- and sea freight forwarding and logistics group. Wilson's full-year 2003 net sales were SEK 6,500 million. The group has 2,100 employees and 130 offices in 28 countries. "Wilson has been growing substantially to meet customers' ever- increasing demands for global reach and a broad service footprint. Becoming a part of TPG elevates Wilson to a new level, positioning it to compete for a wide range of contracts. TPG is a strong, ambitious, global player in mail and express delivery as well as logistics. The deal provides new opportunities and a strong financial foundation going forward," says Wilson Logistics Group's CEO, Henrik von Sydow. Completion of the transaction is subject to regulatory approval. For more information, please contact: Ulf Rosberg, Partner, Nordic Capital Henrik von Sydow, CEO, Board of Director of Wilson Logistics Group Wilson Logistics Group Tel: +46 (0)8 440 50 56 Tel: +46 (0)31 42 98 10 Nordic Capital is a leading private equity firm with a first rate proven team and a long track record of making successful investments in the Nordic mid-market. Since its inception in 1989, expansion capital has been provided to more than 50 companies. Nordic Capital has an extensive network of contacts and a deep understanding of different industries in the Nordic market. The firm's proven investment strategy creates value by actively implementing a broad corporate agenda. Nordic Capital's funds have attracted leading Nordic and international institutional investors. TPG N.V., with its two brands TNT and Royal TPG Post, is a global provider of mail, express and logistics services. The group employs over 163,000 people in 64 countries and serves over 200 countries. For 2003 the company reported sales of €11.9 billion. TPG N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/11/20040611BIT00020/wkr0001.pdf

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Nordic Capital is a leading private equity investor in the Nordic region with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a proven track record. Core sectors are Healthcare, Technology & Payments, Financial Services, Industrial Goods & Services and Consumer & Retail, and key regions are the Nordics, Northern Europe, and globally for Healthcare. Since inception in 1989, Nordic Capital has invested EUR 11 bn through eight funds. The Nordic Capital Funds are based in Jersey and are advised by six advisory companies, which are based in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital please see: www.nordiccapital.com

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