Fukuyama Transporting : Announcement of Acquisition of Shares of GRAND EMPORIUM LOGISTICS CO., LTD. (The Kingdom of Thailand)
June 30, 2023 at 04:20 pm IST
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June 29th, 2023 Fukuyama Transporting Co., Ltd. (Head office: Fukuyama City, Hiroshima Prefecture; President: Shigehiro Komaru) is mainly engaged in the domestic transportation business and conducts sales activities in logistics and international segments. To further develop our international business, we announce the conclusion of the share transfer agreement of acquiring 47.75% issued shares of GRAND EMPORIUM LOGISTICS CO., LTD., the logistics company located in the Kingdom of Thailand, to make it a subsidiary.
GL is engaged in domestic and international transportation, customs clearance, and warehousing in Thailand, and its main strength is global logistics. By establishing an international logistics base in the Kingdom of Thailand, we will strive to expand our international business field by handling more import/export cargo to/from Japan and overseas and further expanding intermodal transportation.
Fukuyama Transporting Co. Ltd. published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2023 10:49:05 UTC.
FUKUYAMA TRANSPORTING CO., LTD. is a company mainly engaged in the provision of transportation services. The Company operates in three business segments. The Transportation segment is engaged in the provision of trucking and harbor transportation services, as well as the operation of other incidental businesses. The Distributive Processing segment is involved in the provision of warehousing and distributive processing services. The International segment is engaged in the customs clearance and international transportation businesses. The Company is also involved in the real estate leasing, commodity sale, convenience store operation, non-life insurance agency, bowling business, travel business, security business and manpower dispatching.