Kerry Logistics Business Development in the Latin American market

As the parent company's Kerry Group consider the Affiliated Companies of Kerry Logistics listed on the Hongkong stock exchange. Kerry Logistics to the international development pace, in Latin America and made an acquisition.
Kerry spokesman confirmed the possibility, about the listed or listed on the schedule and the structure of the transaction, the group has not made a decision. In the meantime, Kerry and Kerry Logistics will continue to independently perform its business operation and development strategy.
The report shows, the group plans to Kerry Logistics listed in the fourth quarter of 2013, and the group lists several investment banks to be responsible for the issuance of shares.
Kerry Logistics recently announced the acquisition of Mexico logistics and freight delivery company Cargo Master s Group '(CMG). CMG home network with 6 offices in Mexico, including Guadalajara, Queretaro and Monterey. In June this year following the acquisition of Brazil Braservice company, the acquisition is the second largest acquisition of Kerry Logistics in 2013.
CMG was founded in 1994, has now developed into a comprehensive logistics supply chain and logistics solutions provider, company business is concentrated in the markets of Mexico and Latin america. Kerry Logistics, the completion of the CMG business integration, provides a very good platform in the areas of economic activity, and strengthen cooperation with global trading partners (including China and other Asian countries trade connection).
Kerry Logistics managing director William Ma said, the strategic objective of the company is in the economically active regions to further promote the business development and network construction, the acquisition is part of the strategic objectives of the company. Based on the acquisition, Mexico customers will be able to enter the group in Asia and the world integrated logistics delivery network.
Kerry Logistics companies logistics service products include door to door services international, domestic express service products including the file and non file global service. The company this year's global development including the acquisition of a majority stake in Vietnam logistics enterprises, as well as in Singapore and Mainland China (including Chongqing, Wuxi and Xiamen) to set up a new multi logistics center.
MYEX Minya Express International
2013-10-12