PWC Logistics acquires Trans-Link Group

This acquisition creates one of the world's largest logistics services providers, giving PWC direct access to Asia's vast markets and Trans-Link entry to the vibrant Middle East region.

"Trans-Link's management team has developed a company culture focused on exceeding customer expectations in a very demanding business segment," commented Tarek Sultan, Chairman of PWC Logistics. He continued, "Their passion for delivering excellence mirrors our customer-centric approach. We look forward to being able to provide expanded services in new geographies to our combined customer base."

The combined strengths and best practices of PWC and Trans-Link, along with the financial resources of PWC, will bolster their growth throughout Asia and the rest of the world. Trans-Link's customers will benefit from PWC's strong market presence and expertise in the Middle East while PWC's customers will have greater access to Asia and the Pacific Rim countries as well as an expanded range of services.

Bernard Chow, Executive Chairman of Trans-Link Group, said, "Today's announcement is a defining moment for all of us. This is a winning transaction which will provide a very strategic advantage: By integrating the skills from both sides and leveraging each other's expertise and competitive capabilities, we will be able to provide enhanced operational excellence and leading-edge technology to our international and diverse customer base. I see this strategic combination as even more significant in light of Singapore's Senior Minister, Mr. Goh Chok Tong's speech last August at a National Day event in which he said, "There is one region which I want to develop closer ties, and that is the Middle East....I want to foster greater understanding between Asia and the Middle East. I want to build a bridge between our two regions..."

To further this Middle East/Singapore connection, PWC and Trans-Link have developed a joint sales and marketing focus to pursue cross-selling opportunities in each other's markets as well as identify new prospects that will benefit from these expanded offerings in the new geographic service areas.

Going forward, there is no doubt that both PWC and Trans-Link will be better positioned to create a strong and successful world-class logistics and distribution network and an expanded global presence.