ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

SF Holding to buy Kerry Logistics to expand reach beyond China

$2.26bn deal with Hong Kong company is major step into greater Asian region

SF Holding is keen on adding Kerry Logistics Network's wide global network with its presence in 59 countries and regions, particularly in Asia.   © Reuters

HONG KONG -- SF Holding said on Wednesday that it will acquire a controlling stake in Kerry Logistics Network in a deal valued at 17.55 billion Hong Kong dollars ($2.26 billion), marking a major advance for the Chinese courier company into the wider Asian region.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more