Which EBID company did Dongwon Industries acquire? – Sports trends

The Dongwon Group will acquire BIDC, a logistics company located in Busan New Port, and expand its logistics activities.

According to Yonhap News, the Dongwon Group has announced the signing of a contract to acquire 51.04% stake in BIDC owned by Dysek for 37 billion won.

BIDC, a logistics company located in Busan New Port, reported revenue of 70.6 billion won and operating profit of 6 billion won last year. The main activity is the operating activity of the logistics center.

BIDC operates the largest logistics site and logistics center downstream of the new Busan port. The main customers are Daewoo Shipbuilding & Marine Engineering, Amway and DSC.

Dongwon Industries expects a synergy between the logistics divisions through the acquisition of the logistics company following the acquisition of Dongbu Express last year.

Dongwon Group said: "Dongbu Express, a subsidiary of Dongwon Industries, is in charge of unloading the port of Busan New Port, and the subsidiary also operates a logistics center in Busan New Port." If the infrastructure of EBID is added, the efficiency of the management will be strengthened. "He told Yonhap News.