Mekong Capital invests in logistics firm ABA Corp
VOV.VN - Private Equity firm Mekong Capital unveiled on August 4 that it led at the funding round for Vietnam-based logistics firm ABA Corporation, marking the second investment from its fourth fund.
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Mekong Capital also generally takes both minority stake purchases and buyouts in the companies it invests in, which hit final close of $112 million.
ABA was founded in 2008 as a temperature-controlled transport provider. It recently entered the cold storage business through the acquisition of a cold storage facility in Hanoi.
The company provides integrated cold chain solutions for industries such as pharmaceuticals, foods, dairy products and frozen goods. Its customers include several large retailers and consumer goods companies in Vietnam like Big C, VinMart, METRO, Unilever and BEL.
