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CJ Logistics buys 50% stake in Darcl Logistics for $50.6 mn
short by Mansha Mahajan / on Tuesday, 12 September, 2017
South Korea-based leading logistics group CJ Logistics has acquired a 50% stake in India's logistics and transport giant Darcl Logistics for $50.6 million. "By entering the fast-growing Indian market, we're now one step closer to becoming one of the global top five logistics companies," CJ Logistics CEO Keun-Tae Park said. Notably, Darcl Logistics has seen growth for around four decades.
read more at FHM India