Toll Group has denied it is to be sold by owner Japan Post (JP).
Toll MD Thomas Knudsen told staff today today JP had “dismissed the rumours”. (You can read more insight into this story on Loadstar Premium here.)
“You might be aware of speculation in the Australian media about plans by Japan Post to sell our business,” he wrote. “Our shareholder has told us there are no plans to sell all or …
The post Toll Group denies rumours parent Japan Post is looking for a buyer appeared first on The...
Cash-rich Kerry Logistics has taken another step in its ambitious growth plans, acquiring one of Turkey’s top air freight forwarders.
In a deal revealed by Loadstar Premium in June to buy Asav Lojistik Hizmetleri Anonim Sirketi (ASAV), Kerry has expanded its freight forwarding capabilities between Asia and Europe – and is looking for more acquisitions.
ASAV has seven offices in Turkey and one in Amsterdam, as well as a 452,000 sq ft warehouse in Istanbul for both bonded and non-bonded goods...
https://theloadstar.com/kerry-confirms-takeover-of-turkish-forwarder-asav-and-eyes-more-ma/
After the purchases in less than a year of Denmark’s Unifeeder and Cosmos Agencia Marítima in Peru, DP World is shelling out half a billion US dollars to acquire Chilean ports operator Puertos y Logistica (Pulgosa).
The M&A tally, if as is likely the Pulgosa deal goes though – the “transaction is subject to relevant third party consents and is expected to close in the first half of 2019” – is about $1.5bn ($315m …
The post Supply chain radar: Another deal for DP World, which is on a roll...
https://theloadstar.co.uk/supply-chain-radar-another-deal-for-dp-world-which-is-on-a-roll/