Announced
Financials
Tags
Acquisition
Majority
Private
Pending
Friendly
Single Bidder
Australia
shipping agency
Transportation Services
Cross Border
Private Equity
Synopsis
VertomCory, a supplier of logistics, hub, liner, and shipping agency services, agreed to acquire Monson Agencies, a shipping agency that specializes in bulk commodities such as coal, iron ore, alumina, caustic soda, mineral sands and more, from Five V Capital. Financial terms were not disclosed. “We are excited to join VertomCory. This is a great step forward for Monson Agencies to be joining a shipping company with such strong standing in Europe. I look forward to working with the new owners and expanding our capacity across global shipping ports, with the investment, scale and experience that VertomCory brings. Our clients will be delighted too, and they will continue to enjoy high-quality service and also gain access to a wider set of expertise, capabilities and geographic coverage that VertomCory brings,” Rob Davis, Monson Agencies CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.