Japan's J-Star buys freight forwarding company
Japan’s J-Star has acquired local freight forwarding business Japan Trust Holdings for an undisclosed sum as part of a transportation services consolidation play.
The private equity firm is investing via its fourth flagship fund, which closed on JPY 48.5bn (USD 348m) in 2019 with a view to writing cheques of up to JPY 3bn for control or co-control stakes. The...
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