M&A Deal Summary

MingZhu Logistics Acquires Guizhou Alliance Liquor Management

On February 21, 2023, MingZhu Logistics acquired distribution company Guizhou Alliance Liquor Management

Acquisition Highlights
  • This is MingZhu Logistics’ 1st transaction in the Distribution sector.
  • This is MingZhu Logistics’ 4th transaction in China.

M&A Deal Summary

Date 2023-02-21
Target Guizhou Alliance Liquor Management
Sector Distribution
Buyer(s) MingZhu Logistics
Deal Type Add-on Acquisition

Target

Guizhou Alliance Liquor Management

Guizhou, China
Guizhou Alliance Liquor Management is a liquor distributor that focuses on distributing Baijiu brewed in Maotai town. Guizhou Alliance Liquor Management is based in Guizhou, China.

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Buyer(S) 1

Buyer

MingZhu Logistics

Shenzhen, China

Category Company
Founded 2002
Sector Transportation
Employees26
Revenue 40M USD (2024)
DESCRIPTION

MingZhu Logistics provides trucking and delivery services using its truckload fleet and subcontractors in China. The company provides dedicated truckload services to sizeable logistics companies, freight forwarders, and warehouse operators. It operates a truckload fleet with 132 tractors and 90 trailers. MingZhu Logistics was founded in 2002 and is based in Shenzhen, China.


DEAL STATS #
Overall 4 of 6
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
Country: China M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-21 Feipeng

Xinjiang, China

Feipeng provides integrated solutions to the logistics supply chain that reduce costs and increase efficiency. Feipeng was formed in 2014 and is based in China's Xinjiang.

Buy $15M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-31 Oxylus

Zug, Switzerland

Oxylus is a digital asset infrastructure service company deploying and operating the world's first virtual Starlink and space-based supercomputing and optical communications network. Oxylus is based in Zug, Switzerland.

Buy -