You are here

Yang Kee Logistics buys Aussie firm Axima for S$34m

Deal is SME's first major international acquisition

BT_20170318_SSYANGKEE1834TC_2797617.jpg
With the Axima purchase, Yang Kee's revenue will be boosted by S$150 million, improving its overall profitability and revenue share outside of Singapore.

Singapore

YANG Kee Logistics Pte Ltd has bought Australian company Axima Pty Ltd for S$34 million in its first major international acquisition.

Axima is a key player in Australia's third party logistics market.

With the acquisition, Yang Kee's revenue will be boosted by S$

sentifi.com

Market voices on:

Powered by GET.comGetCom