M&A Deal Summary

Shanghai Muliang Industrial Co. Acquires Viagoo Pte

On June 26, 2020, Shanghai Muliang Industrial Co. acquired information technology company Viagoo Pte

Acquisition Highlights

This is Shanghai Muliang Industrial Co.’s 1st transaction in the Information Technology sector.
This is Shanghai Muliang Industrial Co.’s 1st transaction in Singapore.

M&A Deal Summary
Date	2020-06-26
Target	Viagoo Pte
Sector	Information Technology
Buyer(s)	Shanghai Muliang Industrial Co.
Deal Type	Add-on Acquisition

Target

Viagoo Pte

Singapore, Singapore

Viagoo is a Singapore-based logistics sharing platform that enables shippers and carriers to share and optimize resources to lower cost and increase efficiency. From last-mile delivery to cross border transportation, the platform provides digital transaction contracts for customers to source for service providers to deliver goods and services in a convenient manner. Viagoo partners with various Singapore agencies to promote the platform to support urban logistics need in Singapore, such as Enterprise Singapore, a government agency to support Singapore small and medium businesses, and Singapore Logistics Association.

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