A third party logistics company, Stanley buys the hundred-Chang International

Gaojiangong Beijing, October 11, the world's third-party logistics ranked 28th in the company, Stanley confirmed to reporters that it will acquire the hundred-Chang International freight Company to enhance its position in the China-Australia air cargo market. According to Rove Habin Johnson, global chief executive of the company, through a strong partnership with Parkson, the business platform in north Asia and the Asia-Pacific region will be greatly enhanced, and its retail and leisure logistics in Australia will gain a market-leading position in the field, It will further enhance its position in the air cargo market of China and Australia. Danmas is A.P. Muller-Maersk Group's logistics business, 2011-year operating income of 2.8 billion U.S. dollars. The company is a freight forwarding service provider in China and Australia, with an operating income of $180 million in FY 2011. Last August, Stanley recently acquired the new Era International Transportation Service Limited (NTS), a local logistics enterprise in China. Danmas, in a quarterly report this year, said that despite the overall decline in the air transport market, the company's air transport business in the first quarter of the year than the same period increased by more than 1 time times, reflecting last August acquisition of China New Era International Transport Services Co., Ltd. NTS and win other major customers the benefits. In the first half of the 2012 Danmas released in August, the net operating income of the Dane grew by 12% to $1.543 billion, compared with the same period last year, while net profit grew by 5% to $379 million. In the first half of this year, the volume of seaborne shipments increased by 9%, and the volume of air cargo grew by 135%. Visible in the effect of acquisitions in China, the Dane is anxious to replicate the acquisition success. While he seeks China's investment and acquisition opportunities, other logistics tycoons have also embarked on acquisitions in China. The global third party logistics supplier of the United States logistics October 8 and Lenovo Holdings Limited and Beijing Zhi Yuan Tongda Information Technology Co., Ltd. signed an agreement, announced the acquisition of both in the Chi-ji Mei Set Technology Logistics Co., Ltd. all the shares under the name. Chi Diligence, the United States in the original three-party joint holdings of Chinese joint ventures. Earlier, the world's sixth-largest logistics company, the base China Logistics successfully buyout the entire shares of Shanghai's base China Logistics, the joint venture into a wholly foreign-owned enterprises. Huanggang, director of China Logistics and supply chain management, said that the capital trend in the financial crisis in the logistics market risk aversion, leading to a number of global logistics mergers and acquisitions case, the Asia-Pacific region and China will be the focus of mergers and acquisitions. China's logistics market in the periphery, the surge of investment capital is worthy of concern.