New Zealand’s Mondiale VGL Acquires Multimodal Forwarder Interunion
New Zealand-headquartered freight forwarding and logistics company Mondiale VGL has acquired Southeast Asia-based multimodal forwarder Interunion.
Prior to the acquisition, Mondiale VGL held an existing stake in Interunion and the two companies have partnered since 2012.
The company said it has been focused on building a global supply chain operation with its roots in Asia Pacific and the acquisition of Interunion further supports its ambitions in this area.
Interunion provides air, sea and land transportation, as well as warehousing and logistics services in Singapore, Indonesia, Malaysia Thailand and Vietnam.
“The acquisition was a logical next step for both parties and will further enhance opportunities for the customers of both organisations to access a wider network of global offices both in Southeast Asia via Interunion’s network and globally with Mondiale VGL,” said Mondiale VGL.
“The Interunion team, service offering, branch network and brand will all remain the same, and there will be no change for customers or agents on a day-to-day operational level,” added the company.
Mondiale VGL employs over 1500 staff across 56 offices in New Zealand, Australia, Asia, Europe, and the US, supported further by over 500 agency offices worldwide.