LINX Cargo Care Group (LINX CCG) has invested in the future of its Autocare Services business via the acquisition of the remaining minority shareholding from its joint venture partner, NYK Line, effective 1 May 2019.
With 100 per cent ownership of Autocare Services moving forward, LINX CCG will have complete autonomy to further invest in the business’ facilities and assets and enhance its national service offering.
LINX Cargo Care Group CEO, Anthony Jones, believes full ownership is a positive step forward for the Group, Autocare Services and its customers.
“Acquiring NYK Line’s minority shareholding, allows LINX CCG to optimise our internal inter-business synergies and put everything we have behind Autocare Services’ future growth and success.” said Anthony.
“Our customers and our people are the primary beneficiaries of this exciting development as we focus on delivering service excellence and business sustainability for years to come.
“LINX CCG thanks NYK Line for its support and looks forward to continuing our great partnership across the automotive logistics supply chain.”