TEGMA announces acquisition agreement for the control of Direct Express Logística Integrada S.A.
São Bernardo do Campo, March 9, 2011 – TEGMA GESTÃO LOGÍSTICA S.A. (BM&FBovespa:TGMA3), one of the largest logistics management providers in Brazil and leader in the transportation of brand new vehicles for the automobile industry, hereby informs its shareholders and other market players of the acquisition of control of Direct Express Logística Integrada S.A. (“Direct”), as a result of which Tegma holds, directly and indirectly, common shares representing 80% of the capital of Direct and may also exercise the Call Option to acquire the remaining common shares.
Direct provides logistics services for the distribution chain in the e-commerce sector, which includes, among other services, warehousing, inventory management, distribution and multimodal transport.
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