Menlo Worldwide has acquired Cougar Logistics Corporation Ltd., which owns logistics operations in Singapore and Southeast Asia, including Cougar Express Logistics, its principal subsidiary.
Cougar Express is a leading Southeast Asia freight forwarding, warehousing, logistics and distribution management company with personnel, facilities and operations in Singapore, Malaysia and Thailand. A profitable, long-established enterprise, Singapore-based Cougar Express covers 12 operating locations in the region with a client base of nearly 200 Asia-based and global businesses.
"We are excited to become part of the Menlo Worldwide organization," says Heinz-Peter Faust, CEO of Cougar Express. "The synergies between the domestic distribution business and the contract logistics business across a greater geographical sphere offer significant opportunities for development. With the resources of Menlo, we will accelerate our growth and offer our customers an expanded regional service portfolio in Asia as well as access to Menlo's extensive global capabilities. It is a winning formula that benefits our customers and employees and will make our combined organizations a much more formidable competitor in the market."
Visit www.menloworldwide.com and www.cougr.com.sg.
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