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US-listed group Assurant acquires reverse logistics player in Australia

US-listed group Assurant acquires reverse logistics player in Australia

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$11.7bn-market cap Assurant of the US has announced its acquisition of RL Circular Operations and related subsidiaries, the reverse logistics division of Australia-based TIC Group, which focus on reverse logistics service provider for retailers, manufacturers and suppliers in Australia and New Zealand. “This strategic move reinforces Assurant’s commitment to shaping the future of post-purchase experiences and leverage AI-based technologies that drive sustainable practices in retail and device lifecycle management programs in …

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