Announced
Completed
Financials
Tags
transportation
Acquisition
Completed
Single Bidder
Private
Cross Border
Friendly
Australia
Transportation Services
Majority
Synopsis
Senko Group, an integrated logistics company, completed the acquisition of a majority stake in Simon Transport, a in land and rail transportation as well as warehousing business in Australia. Financial terms were not disclosed. With Simon National Carriers becoming a member, the SENKO Group is focusing on further expanding business by leveraging the know-how and networking capabilities that Simon National Carriers possesses with heavy and specialized cargo transportation. The SENKO Group will also be looking to secure new customers, not only in Australia but on a global scale, by harnessing its forwarding know-how.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.