M&A Deal Summary |
|
|---|---|
| Date | 2021-07-06 |
| Target | CheYi Network |
| Sector | Transportation |
| Buyer(s) | MingZhu Logistics |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Transportation |
| Employees | 26 |
| Revenue | 40M USD (2024) |
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 | 1 of 6 |
| Sector: Transportation M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 6 |
| Country: China M&A | 1 of 4 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-14 |
Yinhua
China Yinhua provides diversified, differentiated, and customized value-added auto-related services to auto insurance companies, where the services include road security services, car maintenance services, car inspection services, and more. Yinhua develops and operates a comprehensive auto-related service platform for auto insurance companies combining both intelligent human-vehicle interaction functions with car owner programs. Yinhua was founded in 2018 and is based in China. |
Buy | $18M |
