SCHENKER TAKES CONTROL OF COMPANY IN INDONESIA
The German forwarding group Schenker said that it has acquired a company, PT Schenker Petrolog Utama, in Indonesia.
Schenker had been trading in Indonesia, for over 20 years before strengthening its position by acquiring the majority shareholding in its associated company.
The new subsidiary company in Indonesia has about 150 employees and operates from eight locations as a logistics service provider for air and sea freight and for projects.