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Another well -known freight forwarder will be acquired by the giant!

  • Author:weiyun.com
  • Source:weiyun.com
  • Release Date:2024-06-25
On June 24th, the website of the Second Division of the State Administration of Market Supervision announced the equity case of companies such as Jiahonghai Transport Co., Ltd., the company of the Global Port Logistics Freezing Zone company, from June 24 to July 3, 2024.

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Operators' concentration of simple case publicity forms show that on April 8, 2024, the Dubai Global Port Logistics Freezing Zone Company ("Dubai Global Port Logistics") and Jiahong Logistics Holdings Co., Ltd. ("Jiahong Holdings") and Tuo (Asia) were respectively.Private Co., Ltd. ("Tuoding") signed an equity purchase agreement.

According to the agreement, Dubai Global Port Logistics intends to acquire Jiahong Sea Transport Co., Ltd. ("Jiahong Sea Yun") and its subsidiaries (collectively known as "Jiahong Sea Transport Group", including Jiahong Logistics Co., Ltd., joint venture of Jiahong Shipping and Tuotong ("Jiahong Logistics Co., Ltd.")) All the issued share capital.Jiahong Shipping Group is an international logistics service provider, which mainly provides freight agency and contract logistics services.
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Before this transaction, Jiahong Sea Transport was directly held by Jiahong Holdings. Jiahong Logistics held 75%of the equity of Jiahong Sea Yun and held 25%of the equity.After this transaction, Jiahong Shipping Group will be controlled by Dubai Global Port Logistics separately, and will be indirectly controlled by Dubai Global Port Group Co., Ltd. ("Dubai Global Hong Kong Affairs").


According to previous reports, Dubble Global Port Group (DP World), headquartered in Dubai, plans to open more than 100 freight agency offices worldwide.DP World Group said that as companies seek control of their supply chain, their expansion is at a critical moment of the global logistics and supply chain industry.With the continued expansion of freight agency business, it is establishing a network covering more than 90%of the world's trade.

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Today, with the changes in the market, freight forwarding logistics companies are facing new challenges and increasingly accelerating the integration trend.The strong rising freight rate this year also tested the survivability of foreign trade and freight forwarding enterprises ...