Hansol Logistics Co., Ltd. acquired Hansong International Logistics Co. Ltd. from Hansol Holdings Co., Ltd. for KRW 6.4 billion.
April 02, 2018
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Hansol Logistics Co., Ltd. (KOSE:A009180) acquired Hansong International (Tianjin) Logistics Co. Ltd. from Hansol Holdings Co., Ltd. (KOSE:A004150) for KRW 6.4 billion on April 3, 2018. Payment will be made by April 5, 2018. In related transactions, Hansol Logistics Co., Ltd acquired Hansong International (Shanghai) Logistics Co. Ltd. and Hansol Logistics India Private Limited and 51% stake in Hansol Goldpoint, LLC from Hansol Holdings Co., Ltd. The Board of Directors of Hansol Holdings has resolved in favor of the deal.
Hansol Logistics Co., Ltd. (KOSE:A009180) completed the acquisition of Hansong International (Tianjin) Logistics Co. Ltd. from Hansol Holdings Co., Ltd. (KOSE:A004150) on April 3, 2018.
Hansol Logistics Co., Ltd, formerly Hansol CSN Co., Ltd., is a Korea-based company engaged in the integrated logistics business. The Company operates its business mainly through three divisions: third party logistics (TPL) division, e-logistics division and consulting services division. Its TPL division provides domestic logistics services, such as transportation, storage, stevedoring, as well as international logistics services, including ocean, air and road freight forwarding services. Its e-logistics division provides e-logistics services through real time information monitoring systems, logistics information management systems and others. Its consulting services division provides logistics consulting services, supply chain management (SCM) consulting services, and information technology (IT) and engineering consulting services.