AJOT Digital Edition
Issue #589

Cover of issue-589.png

New York Ports

NVOCC and Freight Forwarder Review

View Issue #589 Now!

2014 Media Kit
  • Share this article:

Dachser Taiwan joins global network following share buy out of joint venture partner

By: | at 08:00 PM | Transport Intermediaries  

Dachser Taiwan Inc. became a 100 percent subsidiary of Dachser Far East Ltd. on July 1st, 2011 following the completion of an incremental share acquisition during the last seven years.

Dachser originally established a 50:50 joint venture with Leader Mutual Freight System Inc. in 2004, increasing that stake to 80 percent in January 2009 before buying the remaining shares in the company this year. The management team and office will remain unchanged.

‘This is a significant step forward for Dachser’s operations in Taiwan, as our customers will now be able to benefit even more from leveraging additional opportunities from our expanding regional and global networks,’ said Edoardo Podest’, Managing Director of Dachser Far East Ltd.

Dachser Taiwan will support the company’s aim to further develop cross straits business with mainland China and build its presence with the island’s multinational hi-tech and industrial customers.