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  5. KLN Logistics Acquires ASAV Lojistik Hizmetleri Anonim Sirketi

M&A Deal Summary

KLN Logistics Acquires ASAV Lojistik Hizmetleri Anonim Sirketi

On November 18, 2019, KLN Logistics acquired transportation company ASAV Lojistik Hizmetleri Anonim Sirketi

Acquisition Highlights
  • This is KLN Logistics’ 10th transaction in the Transportation sector.
  • This is KLN Logistics’ 1st transaction in Turkey.

M&A Deal Summary
Date 2019-11-18
Target ASAV Lojistik Hizmetleri Anonim Sirketi
Sector Transportation
Buyer(s) KLN Logistics
Deal Type Add-on Acquisition

Target

ASAV Lojistik Hizmetleri Anonim Sirketi

Istanbul, Turkey
ASAV Lojistik Hizmetleri Anonim Sirketi is a provider of logistics, warehousing, distribution, e-commerce and handling services. ASAV warehouse of 452,000 sq ft in Istanbul combining bonded and non-bonded storage areas plus a bonded warehouse of 21,500 sq ft in Amsterdam. ASAV Lojistik Hizmetleri Anonim Sirketi was founded in 1994 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

KLN Logistics

Hong Kong, China
Category Company
Founded 1981
Sector Transportation
Employees18,400
Revenue 58.3B HKD (2024)
DESCRIPTION

KLN Logistics is a core business which encompasses integrated logistics, international freight forwarding and supply chain solutions. KLN Logistics was founded in 1981 and is based in Hong Kong, China.

DEAL STATS #
Overall 12 of 12
Sector: Transportation M&A 10 of 10
Type: Add-on Acquisition M&A Deals 11 of 11
Country: Turkey M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 Multi Logistics

Munich, Germany

Multi Logistics GmbH is a film and media logistics provider. Multi Logistics GmbH was established in 1985 and is headquartered in Munich, Germany.

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