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SG Holdings Acquires Morrison Express to Expand Air Freight Forwarding Capabilities

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SG Holdings Acquires Morrison Express to Expand Air Freight Forwarding Capabilities

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SG Holdings Co ( (JP:9143) ) has shared an announcement.

SG Holdings Co., Ltd. announced the acquisition of Morrison Express Worldwide Corporation, a global freight forwarder based in Taiwan, to expand its business domain in air freight forwarding and enhance its logistics network in Asia. This strategic acquisition aligns with SG Holdings’ medium-term management plan to strengthen international services, leveraging Morrison’s expertise in air freight and high-tech logistics to complement its existing strengths in ocean freight forwarding and commercial verticals.

More about SG Holdings Co

SG Holdings Co., Ltd. operates in the logistics industry, providing comprehensive logistics solutions with a focus on strengthening international and overseas services. Their long-term vision aims to achieve substantial operating revenues and carbon neutrality, emphasizing next-generation competitive advantages for sustainable growth.

YTD Price Performance: -0.74%

Average Trading Volume: 1,627

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.97B

For detailed information about 9143 stock, go to TipRanks’ Stock Analysis page.

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