Scan Global Logistics is strengthening its market position and global presence as it enters South Korea as a new market with the acquisition of long-term partner ENK Logistics.
The acquisition, which will see ENK operate under the SGL brand, aligns with the former’s strategy to establish its presence in the world’s largest economies, citing South Korea’s well-established position in the trade markets of Southeast Asia, with a business-friendly and efficient regulatory environment.
The birth of Scan Global Logistics South Korea marks yet another milestone in SGL´s Pacific region, which saw the acquisitions of Pioneer International Logistics (Australia) in 2020 and Orbis Global Logistics (New Zealand) in 2021.
SGL now actively operates in 50 countries globally, representing substantial progress from 2016 when it had presence in 17 countries.