IRVING, Texas – November 1, 2022– Neovia Logistics, a global supplier of logistics services, today announced the successful completion of its comprehensive business recapitalization and significant deleveraging of the company’s balance sheet. With the recapitalization complete, Neovia reduced its debt by approximately $420 million and received approximately $60 million of combined cash infusion and future […]
Neovia is a global leader in third-party logistics operating more than 80 facilities in 19 countries around the world. For more than 30 years Neovia has combined an OEM mindset with real-world innovation to partner with and solve complex logistic challenges for leading companies in the automotive, industrial, aerospace and technology sectors.
Neovia recognizes the support our colleagues contribute to the success of our global business. The welfare and safety of our people is of paramount importance to us.
The fact that modern day slavery exists at all is of great concern to us and we are determined to be part of the movement to eradicate it. To this end, we are committed to ensuring the highest standards of ethics and integrity alongside a zero tolerance policy toward forced or trafficked labor within our business and throughout our supply chain.
We will deliver on this commitment by being open and transparent with all our stakeholders about our zero tolerance approach to modern day slavery.
