M&A Deal Summary

Sino-Global Shipping America Acquires Mandarine Ocean

On April 8, 2020, Sino-Global Shipping America acquired transportation company Mandarine Ocean

Acquisition Highlights
  • This is Sino-Global Shipping America’s 1st transaction in the Transportation sector.
  • This is Sino-Global Shipping America’s 1st transaction in Marshall Islands.

M&A Deal Summary

Date 2020-04-08
Target Mandarine Ocean
Sector Transportation
Buyer(s) Sino-Global Shipping America
Deal Type Add-on Acquisition

Target

Mandarine Ocean

Majuro, Marshall Islands
Mandarine Ocean Ltd. is a shipping company providing worldwide ocean freight service. Formed in 2013 Mandarine Ocean is a Shanghai, China-based shipping company registered in the Marshall Islands.

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Buyer(S) 1

Buyer

Sino-Global Shipping America

Roslyn, New York, United States

Category Company
Founded 2001
Sector Transportation
DESCRIPTION

Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related services. The Company's current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services, and ship management services. Sino-Global Shipping America was founded in 2001 and is headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada, and Hong Kong.


DEAL STATS #
Overall 1 of 3
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Marshall Islands M&A 1 of 1
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Super Node

Wilmington, Delaware, United States

Super Node is a blockchain infrastructure software developer and service provider. It operates multiple CyberMiles nodes and develops decentralized applications on the CyberMiles network, a powerful, high-performance CyberMiles public chain. Super Node is based in Wilmington, Delaware.

Buy $5M