Announced
Completed
Synopsis
Asyad Group, a provider of integrated logistics solutions, completed the acquisition of Skybridge Freight Solutions, a global freight forwarding company. Financial terms were not disclosed. The landmark acquisition is the group’s first international acquisition in core logistics activities and marks a strategic move to significantly expand Asyad’s footprint through active operations in key trade hubs and the major economies of China, India, the USA and the GCC, supported by unhindered access to SFS’ well-established, dynamic network that covers over 90 geographies across six continents.
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