upcoming events

Oct 2018
1 2 3 4
AMCHAM SUPPLIER DAY 2018
Thu - 4/10/2018
Status: Active
5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
VSC Supply Chain Tour - LAST MILE LOGISTICS
Fri - 19/10/2018
Status: Active
20 21 22 23 24 25 26 27 28 29 30 31

Survey

1. What do you consider the largest Risk for your company?

2. What are the Risk Mitigation Strategies you apply?

Submit

Galleries

This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

CAREER OPPORTUNITIES

PROCESS DELEGATE SPECIALIST - BOSCH VN

The Bosch Group is a leading global supplier of technology and services, in the areas of automotive and industrial technology, consumer goods as well as building technology. 

LOGISTICS OPERATIONS COORDINATOR - CEL CONSULTING
A firm specialized in Demand and Supply Management in Emerging Markets: We create an impact where it's most needed
2018 MANAGEMENT TRAINEE - DHL SUPPLY CHAIN VIETNAM
DHL Supply Chain - a business unit of DHL Global, is the global market leader in contract logistics, providing warehousing, managed transport and value-added services at every link in the supply chain for customers in a variety of industries.

SWIRE SELLS SWIRE COLD STORAGE TO EMERGENT COLD

2018-01-03 17:31:06

Share with friends

SWIRE SELLS SWIRE COLD STORAGE TO EMERGENT COLD

 

John Swire & Sons Ltd (Swire) and Emergent Cold announced they have signed a Sale and Purchase agreement to sell Swire Cold Storage Pty Ltd and Swire Cold Storage Vietnam to Emergent Cold. Both cold storage businesses have been sold as a going concern and all assets, including customer and employee contracts, warehouses and land will be transferred to the new ownership. The transaction completed on December 22, 2017. Further details of the transaction were not disclosed.

Swire Cold Storage is a leading provider of cold chain logistics in Australia. The business operates a network of temperature-controlled facilities across Australia, with sites totalling in excess of 65 million cubic feet, or 275,000 pallet spaces of refrigerated storage utilising advanced integrated warehouse and transport technologies. 
 
Swire Cold Storage Vietnam is Vietnam’s premium provider of temperature and humidity-controlled warehousing, operating Vietnam’s first cold storage warehouse, a 36,000 pallet facility servicing Ho Chi Minh City. The company recently opened a second facility, a LEED Gold-standard 8,200 pallet warehouse to service Hanoi. 
 
John Swire & Sons Australia Chairman, Geoff Cundle, said that Swire has had a long and successful history in the cold storage industry in Australia dating back to 1956 and Vietnam since 1998. “Today, Swire Cold Storage (SCS) is a well-managed, profitable business with an excellent safety culture. It has been a pleasure working with SCS Australia, Managing Director, Greg Holt and SCS Vietnam General Director, Ngo Quang Trung and their management teams to significantly improve safety and profitability of Swire Cold Storage and position the companies for continued growth under Emergent Cold’s ownership. Swire will continue to focus on growing its specialised logistics and contract mining services business, Kalari HSE, and will be seeking other investment opportunities of scale in Australia.”
Neal Rider, CEO of Emergent Cold, said, “Over the past 60 years, Swire has built the leading cold storage businesses in Australia and Vietnam through dedicated service to customers, commitment to employees and investment in high quality operations. We are excited to partner with this outstanding management team, and we look forward to supporting the continued growth and expansion of the businesses throughout Asia Pacific as part of Emergent Cold.”