Jin Jiang International Acquires Remaining 50% of JHJ International Transportation from YRC Worldwide

March 31, 2016

Jin Jiang International Holdings Co., Ltd., through its subsidiary Balance Global Limited, has completed the acquisition of YRC Worldwide Inc.'s 50% interest in JHJ International Transportation Co., Ltd., giving Jin Jiang 100% ownership of JHJ. The deal represents YRCW's divestiture of a non-core international asset and strengthens Jin Jiang's transport and logistics capabilities in China.

Buyers
Jin Jiang International Holdings Co., Ltd. (via Balance Global Limited)
Targets
JHJ International Transportation Co., Ltd.
Sellers
YRC Worldwide Inc.
Location
Shanghai, China
Transaction Type
Buyout

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