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Jacobson Expands In Asia
Jacobson鈥檚 statement said its parent company JHCI Holdings completed the acquisition to give the operating company expanded capability in Vietnam, Indonesia, Singapore and Malaysia. Terms were not announced.
Jacobson will operate in those four countries as Jacobson Global Logistics, adding to the company鈥檚 market coverage in a region where services also are being offered in Hong Kong and China.
鈥淥ur strategy to develop our international logistics business continues in the Asia-Pacific region through this acquisition,鈥 said Brian Lutt, CEO of Jacobson.
Jacobson鈥檚 acquisition includes all offices, operations and services of G-Link鈥檚 Asian network, the statement said, without identifying what assets G-Link would retain.
Following the acquisition, Jacobson has operations at 16 locations in the Pacific Rim. Services that Jacobson offers include warehousing and cargo management.
The acquired company offered both ocean and air freight forwarding, warehousing, customs clearance and local deliveries as well as transportation.
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