Mainfreight gets 8.2M euros to settle claim with former Wim Bosman owners

Sun, 25 Aug 2013

Aug. 26 (BusinessDesk) – Mainfreight will drop a compensation claim against the former owners of Wim Bosman in exchange for an 8.2 million euro payment after the European transport business lost a key customer shortly after being acquired in 2011. Mainfreight has reached “an amicable agreement” to settle the dispute, it said in a statement today. The settlement comes two months after the Auckland-based transport and logistics group said it would mount a compensation claim over the loss of customer Giant Europe BV. Mainfreight bought Wim Bosm...

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