CJ Korea Express buys into Malaysian logistics company

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By Alex Lennane

09/09/2016

More consolidation in freight forwarding: CJ Korea Express, which was known to be in an acquisitive mood and recently considered buying CEVA, has taken a 31.5% stake in Malaysia’s second largest logistics company, Century Logistics. Century posted $80m in sales last year, and its network will boost CJ Korea’s South-east Asian business.

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CJ Korea Express Daewoo Logistics

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