CrestPrecise completes trade sale of the 49% participatory interest in ROLF Logistics to NYK Line, acting in the capacity of financial advisor to ROLF Group
Moscow, July 03, 2020 CrestPrecise, one of the leading M&A advisors in Russia and the CIS, completes trade sale of the 49% participatory interest in ROLF Logistics to NYK Line (Japan), acting in the capacity of financial advisor to ROLF Group.
About ROLF Logistics:
Rolf Logistic LLC is one of Russia’s leading providers of integrated finished vehicles logistics services, including: inland transportation of finished vehicles by trailers and railroad, operation of inland terminal that provides storage and PDI services for finished vehicles, operation of port terminals that feature storage, cargo handling, and a shipping agency business, customs clearance services. The Company is located in Moscow, the Russian Federation. From July 2020 ROLF Logistics became a wholly owned subsidiary of Nippon Yusen Kabushiki Kaisha and was subsequently renamed to NYK Auto Logistics (Rus).
Nippon Yusen Kabushiki Kaisha is a transportation company. It is also a holding Company. The Company and its subsidiaries operate in six segments. The Liner segment engages in oceangoing cargo shipping business, transportation agency business, container terminal, port transportation business and tugboat business. The Air Freight segment offers air freight services. Logistics segment involves the warehouse and freight businesses, and the provision of marine, land and air transportation integrated logistics network services. Irregular Specialized Liner segment provides oceangoing cargo shipping and transportation agency services. Real Estate segment leases, manages and sells real estate. The Others segment sells equipment and machinery, and petroleum products, as well as provides information processing services, operates passenger vessel business and others. The Company was founded in September 1885 and is located in Chiyoda-Ku Tokyo, Japan.