Blog Archives

Bullish Expolanka to capture Central America with $ 9.7 m acquisition Source:FT Makes second acquisition, bringing total to $ 12 m in 6 months  Expo says latest acquisition is important strategic initiative with Central America gaining popularity as apparel manufacturing hub in relation to ”nearshoring” strategies adopted by leading US Bullish Expolanka Holdings PLC is making further inroads to Central America with the acquisition of logistics specialists firm for $ 9.7 million (around Rs. 2 billion).  The acquisition of IDEA Logistics LLC and its group of companies is via EFL Global Logistics Ltd. Singapore and EFL Global LLC, USA fully owned subsidiaries of Expolanka Holdings.  IDEA Logistics is a Central American logistics company headquartered in the US, servicing a range of US customers, offering freight forwarding, warehousing and trucking services.  «The acquisition is an important strategic initiative,» Expolanka said. It will enable Expo to expand its operations into Central American, ...