Kerry Logistics Purchasing Logistics Company in Mexico to expand the Latin American market

Kerry Logistics recently announced the acquisition of Mexico logistics and freight forwarding company, Cargo Master s Group '(CMG) a majority stake. The company has 6 offices in Mexico, in Guadalajara, Queretaro and Monterey. This is Kerry Logistics in June this year following the acquisition of Brazil Braservice in the Latin American market second major investment.
CMG was founded in 1994, has developed into an important logistics enterprises in Mexico and Latin America, providing integrated supply chain and logistics solutions.
At present, the Mexico market is developing rapidly, and continue to strengthen cooperation with China and Asia's international trade. This acquisition provides a reliable platform for Kerry Logistics in the development of the local.
Kerry Logistics Network executive director Ma Rongkai said, the American market is full of vitality, the acquisition is the company strategy is important one annulus, will help to further develop the company's business and network in the region.
At the same time, Kerry Logistics American executive director Christian Ryser says, by Kerry Logistics global network, will provide a wide range of integrated logistics and freight forwarding services to customers in Mexico.
MYEX Minya Express International
2013-08-14