Thai-Indo JV firm plans to take majority stake in Adib Cold Logistics for $7.8m

Thai-Indo JV firm plans to take majority stake in Adib Cold Logistics for $7.8m

Image from JWD InfoLogistics' website

PT Samudera JWD Logistics is planning to acquire 67 per cent stake in Adib Cold Logistics, a Jakarta-based cold storage and transport facilities provider, for $7.8 million, according to a company’s announcement on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter