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New Deal


Announced

Marken acquired Japan-based PCX International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Japan

Express Courier / Parcels

Private

Pending

courier company

Friendly

Single Bidder

Synopsis

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Marken, a supply chain organization, acquired PCX International, a specialist courier serving the Japanese clinical trials industry. Financial terms were not disclosed. Wes Wheeler, Marken's Chief Executive Officer, commented, "The acquisition of PCX provides Marken with direct control of 200 specialist drivers and other partners in Japan. The addition of this new network satisfies our need for a greater physical presence locally in Japan and provides a platform for more expansive services to the local clinical client base. We look forward to welcoming the PCX team to the Marken family and meeting with our clients to discuss their clinical supply chain needs."

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