CJ Korea Express $387 million acquisition of Rokin

Overview:

• CJ Korea Express—a logistics arm of South Korean conglomerate CJ Group—acquired a 71.4% stake in Chinese logistics company Rokin.
• The purchase price was $387 million through co-investment with STIC CJ Global Investment Corporate Partnership Private Equity Fund. 
• CJ Korea Express offers contract logistics, forwarding, stevedoring, marine transport, parcel delivery and international express services.

Katrin Kostadinova - Data analyst