UNIT OF TVS GROUP ACQUIRES HOME-GROWN PAN ASIA LOGISTICS, STRAITSTIMES

Singapore logistics service provider TVS Asianics has acquired the freight forwarding and contract logistics businesses of Pan Asia Logistics (PAL). But the firm’s other subsidiaries, developer Pan Asia Logistics Investments and niche logistics product Panalogs Projects are not part of the deal.They will continue to be independently managed by founders Christian Bischoff and Susan Tan. Read More…

TVS-ASIANICS BUYS SINGAPORE COMPANY PAN ASIA LOGISTICS, THE HINDU BUSINESSLINE

TVS-Asianics Supply Chain Solutions Pte Ltd has gained access to Asian markets with the acquisition of Pan Asia Logistics’ freight forwarding and contract logistics businesses. The $160-million Pan Asia Logistics, an integrated logistics company in Singapore, also has a strong presence in Germany. TVS Asianics is a Singapore-based joint venture of TVS Logistics Services Ltd.

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