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NTG maintains ambitions despite failed capital increase

Nordic Transport Group, NTG, is prepared to grow through acquisitions, although no fresh capital was raised at last year's IPO. "It's not as though our acquisition growth will stop," Group CEO Mikkel Fruergaard tells ShippingWatch.

Photo: Gregers Tycho/ERH

Danish logistics company Nordic Transport Group, NTG, still has ambitions to grow, although the firm did not succeed in raising fresh capital at its initial public offering last year.

The original plan was to issue new shares worth DKK 250 million (USD 38.18 million) when NTG went public in October 2019. The money was meant to go to acquisitions, among other things.

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