M&A Deal Summary

GKE Acquires TNS Ocean Lines Pte

On July 29, 2016, GKE acquired transportation company TNS Ocean Lines Pte from TNS Group Holdings for 9M SGD

Acquisition Highlights
  • This is GKE’s 1st transaction in the Transportation sector.
  • This is GKE’s largest (disclosed) transaction.
  • This is GKE’s 1st transaction in Singapore.

M&A Deal Summary
Date 2016-07-29
Target TNS Ocean Lines Pte
Sector Transportation
Buyer(s) GKE
Sellers(s) TNS Group Holdings
Deal Type Divestiture
Deal Value 9M SGD

Target

TNS Ocean Lines Pte

Singapore, Singapore
TNS Ocean Lines (S) Pte Ltd. is a shipping company. TNSO provides a wide array of services locally within the Port's Container Terminals & Multi Purposes Terminal and worldwide freight & logistics service provider through an integrated network of well-established agents and partners.

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Buyer(S) 1

Buyer

GKE

Singapore, Singapore
Category Company
Founded 1995
Sector Transportation
Revenue 109M SGD (2023)
DESCRIPTION

GKE is an integrated warehousing and logistics solutions provider offering one-stop, door-todoor multi-modal solutions for supply chain management. The business activities of GKE classified into two broad categories: warehousing & logistics and strategic investments. GKE was founded in 1995 and is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
Country (Singapore) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

TNS Group Holdings

London, United Kingdom
Category Company
Founded 1965
Sector Media
Employees15,200
DESCRIPTION

TNS Group, ranked #2 worldwide in marketing information. TNS Media Intelligence monitors 3 million brands worldwide across a multitude of media, including TV, radio, print, Internet, cinema and outdoor. The company offers a full range of insights and analyses, including the tracking of advertising expenditures and advertising creative, as well as news monitoring and sports sponsorship evaluation.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 1 of 1
Type (Divestiture) 2 of 2
Country (Singapore) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 Sinotrust Market Research

Beijing, China

Sinotrust provides business information, market research, consulting and database marketing services to both foreign multinationals and local companies operating in China. Sinotrust helps clients in the automotive, banking, insurance, telecommunications, healthcare, technology and retail sectors.

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