Add-on Acquisition • Business Services

MingZhu Logistics Acquires HOLDCO 36

On September 12, 2024, MingZhu Logistics acquired business services company HOLDCO 36

Acquisition Context
  • This is MingZhu Logistics’ 1st transaction in the Business Services sector.
  • This is MingZhu Logistics’ 1st transaction in the United States.

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M&A Deal Summary

Date September 12, 2024
Target HOLDCO 36
Sector Business Services
Buyer(s) MingZhu Logistics
Deal Type Add-on Acquisition

Target Company

HOLDCO 36

United States
HOLDCO 36 is a transformational business combination.
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Buyer Overview 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 Context for Buyer #
Overall 6 of 6
Sector: Business Services 1 of 1
Type: Add-on Acquisition 6 of 6
Country: United States 1 of 1
Year: 2024 2 of 2
PREVIOUS 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.

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