The Indian Allcargo Logistics has signed an agreement with Germany's NBG Logistik Beteiligungs-und Beratungsges. mbH to acquire 75% of the capital of the consolidator Fair Trade GmbH Schiffahrt, Handel und Logistik in Hamburg. The investment, made by the Indian firm through the Allcargo Belgium NV subsidiary, amounts to about 12 million euros in cash. Last year, Fair Trade posted a turnover of around 44 million euros.