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Cheetah Net Supply Chain Service Inc. Signs Definitive Agreements to Acquire TW & EW
Dec 03, 2024•over 1 year ago
Contract Type
agreement
CharlotteTransportation, Logistics, Supply Chain and Storage
Description
Cheetah Net Supply Chain Service Inc. has executed definitive agreements for the acquisition of TW & EW Services Inc. The total cost of the acquisition includes a cash payment of $200,000 and a share consideration valued at $800,000.
Company Information
Company
Cheetah Net Supply Chain Service
Location
Charlotte, North Carolina, United States
About
Cheetah Net Supply Chain Service Inc. is a supplier of parallel-import vehicles sourced in the U.S. to be sold in the PRC market. The company purchases automobiles, primarily luxury brands, from the U.S. market and resells them to the company’s customers, including both U.S. and PRC parallel-import car dealers. Cheetah is also making its inaugural investment in the logistics sector with the acquisition of Edward Transit Express Group Inc.
CharlotteTransportation, Logistics, Supply Chain and Storage