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Merger & Acquisition of LQ Logistics
Posted On: 14/02/2014   
   
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After 6 months of negotiation and due diligence, we are pleased to announce our successful merger and acquisition of LQ Logistics Pte Ltd. With effect from February 14th, 2014 LQ Logistics will become a wholly owned subsidy of Renus Logistics Pte Ltd.

LQ Logistics was formed in 1999 by operating out of a small warehouse located in Depot road. Since then, LQ had grown in term of size and scale. It now operates a 60,000 square feet of modern warehouse space at Pandan Logistics Hub strategically located at Pandan road. It offers 3rd party logistics solutions to SME as well as MNC companies. LQ’s key services are warehousing, distribution, ocean & air freight, event coordination, cross docking and value added activities such as “pick & pack”, labeling, price tagging & etc.

With Renus Logistics expertise in point to point Freight management and LQ core strength in 3rd party logistics, the merger between these two excellence companies offer boundless business opportunities and natural synergy fix. We trust our customers and business partners will benefit from this ideal merger and we look forward to an exciting time ahead!

Charles Chui
Managing Director
Renus Logistics Pte Ltd

14th Feb 2014  
 

 
  

 
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