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WISEWAY GROUP LIMITED — M&A Activity 2024
Aug 25, 2024
66090_rns_2024-08-25_61435a7a-4941-453a-82c2-6f67e3e76f09.pdf
M&A Activity
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26 August 2024
ASX Announcement
Wiseway Group Limited ABN 26 624 909 682
Registered office: 39-43 Warren Avenue BANKSTOWN NSW 2200 T: +61 2 9790 7888
Wiseway Completes Acquisition of KWT International Inc
Wiseway Group Limited (ASX: WWG, “ Wiseway ’’, or “ the Group ”), one of Australia’s leading integrated freight and logistics operators, is pleased to confirm that it has, further to its announcement on 26 July 2024, completed its strategic acquisition of KWT International Inc, marking a significant milestone in Wiseway’s ongoing efforts to expand its capabilities and footprint in the United States.
Authorised for release by the Board of Directors of Wiseway Group Limited.
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For further information, please contact:
Investor enquiries Media enquiries Ken Tong Ken Tong Chief Operating Officer and Company Chief Operating Officer and Company Secretary Secretary E: [email protected] E: [email protected]
About Wiseway Group Limited (the Company)
Wiseway (ASX: WWG) is a leading provider of integrated logistics solutions, with a global network of strategically located warehouses and facilities and a large modern fleet of trucks, aircraft and delivery vehicles.
Established in 2005 to serve the growing Australia-Asia Pacific trade industry, Wiseway has grown to become one of the top three outbound air freight logistics providers in Australia. With multiple strategically located operation hubs in Australia, the US, and the Asia Pacific, the Company provides its large base of domestic and international customers with specialist cross-border logistics services including air freight, sea freight, import, domestic transportation, warehousing, and customs clearance.