SF and HAVI launch China cold chain JV
14 / 03 / 2018
Supply chain services provider HAVI and SF Holding are joining forces to establish a new cold chain logistics company in China.
The joint venture will leverage SF’s leading position in China’s express logistics market and its growth in the cold chain segment there, alongside HAVI’s expertise in cold chain and multi-temperature distribution technology.
According to Eddie Huang, SF assistant chief executive: “HAVI is one of the world leaders in supply chain management and the synergies created by bringing together our respective resources and capabilities will create more value and opportunities for customers. For example, SF has deep experience in the B2C market whereas HAVI is traditionally very strong in the B2B market.
“The new joint venture will provide customers throughout the cold chain market with end-to-end solutions and services,” he added.
For HAVI, chief executive Russ Smyth commented: “HAVI has a strong and long-standing commitment to Mainland China, Hong Kong, and Macau, which we are reinforcing today with the announcement of this joint venture agreement.
“Like HAVI, SF also puts the customer first and this collaboration will enable us to bring new and exciting solutions to our customers.”
Smyth said both companies “see huge potential and great opportunities in China’s cold chain market”.