Core business remains Europe

摘要

The Dutch logistics and forwarding group Koninklijke Frans Maas NV (FM) is sticking to its expansion strategy. Although its core business is in Europe, the company is also strengthening its presence overseas. On December 1, 2003, the company's South African subsidiary opened for business. Frans Maas is participating in the South African Frans Maas (SA) Pty Ltd with a 10% stake. Henk Benjamins, FM's chairman of the board said to the ITJ: There are no plans to increase the stake at present.