Both companies have long-established track records partnering with global customers and the merged companies will bring complementary benefits to each other’s customers, including a turnkey range of service and supply solutions for maritime fleet and offshore oil and gas operators, through a single point of contact.
The acquisition provides AMOS Group a wholly owned operation and experienced management team in Hong Kong to support its expansion and growth of customer services. World Hand Shipping was founded in 1991, and is an established supplier for the marine and shipping Industry.
Meanwhile, World Hand Shipping’s customers will have access to AMOS’ international network of over 2,500 proven and validated partners and suppliers.
AMOS Group has boosted its capabilities significantly with the help of private equity firm ShawKwei & Partners, which invested in AMOS Group in 2014.
ShawKwei & Partners has been working with AMOS’ founding management led by Danny Lien to grow the group, including the launch this year of a 180,000 sq ft Singapore facility with state-of-the-art capabilities, the implementation of a comprehensive ERP system, and the installation of the first automated warehouse system in the Singapore shipping industry.
Kyle Shaw, founder and managing partner of ShawKwei as well as chairman of AMOS Group said: “The broadened AMOS Group is well positioned to increase its market share and growth with its expanded regional presence, products and services offerings. We expect Amos will continue to pursue growth organically and through strategic acquisitions.”
Lien, founder and ceo of AMOS Group said: “With this acquisition as well as planned future acquisitions, AMOS Group will offer its customers high quality and competitive products and services across Asia. Customers will benefit from a one-stop service with one point of contact and support.”
Kelvin Sze, founder and managing director of World Hand Shipping added: “I am immensely proud to join forces with AMOS Group to create a leading provider of shipping services in Asia all under the AMOS group of companies. We are now better able to offer the highest quality products and services to our customers efficiently and competitively.”
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