A consortium led by Nexus Point-led consortium completed the acquisition of a majority stake inn Honour Lane Shipping.

Nexus Point-led consortium completed the acquisition of a majority stake in Honour Lane Shipping, a freight forwarder. Financial terms were not disclosed. “Our investment strategy centres around identifying companies with robust operating fundamentals, defensible market positions, and sustainable competitive advantages. HLS satisfies all these criteria thanks to its unique business model, deep relationships with customers and vendors, and profound understanding of the market and its players. We are thrilled to join forces with one of the most experienced teams in the Asian logistics sector and we are grateful for the trust placed in us by the shareholders and the management team. We are optimistic about HLS’ future as one of the largest NVOCCs in the transpacific lane, and are committed to take the company to new heights together with our new partners,” KC Kung, Nexus Point Founder and Managing Partner.