February 28, 2012
Longreach To Exit Investment In Logistics Company
Mitsui-Soko Co., Ltd., a major warehousing company, announced that Mitsui-Soko will acquire all outstanding shares of Sanyo Electric Logistics Co., Ltd., a PE-backed logistics company, from The Longreach Group, a midsize private equity firm, for 24.2 billion yen. Longreach invested in May 2010.
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