Menlo Worldwide’s Cougar Acquisition puts a “Roar” in its Asian Market Strategy
Singapore
February 9, 2008
By
Evan Armstrong
Key Personnel:
Bob Basset, Vice President of Sales and Marketing, Menlo Worldwide
Todd Johnson, Vice President – International Operations, Menlo Worldwide
Tom Nightingale, Vice President – Communications and Chief Marketing Officer, Con-way
Peter Baumann, Director of Business Development – Asia Pacific, Menlo Worldwide
Heinz-Peter Faust, Regional Managing Director – South East Asia, Menlo Worldwide
Desmond Chan, General Manager – South East Asia, Menlo Worldwide
Edwin Chan, Senior Director of Business Development – South East Asia, Menlo Worldwide
Overview
With the 2007 acquisitions of Singapore based Cougar Holdings and Chic Logistics in Shanghai, China, Menlo Worldwide has greatly extended its presence and capabilities in the Asia-Pacific third-party logistics (3PL) market. Major markets served by Menlo include: Australia, China, Hong Kong, India, Singapore, Malaysia and Thailand. Its Asia-Pacific headquarters is in Singapore and is led by industry veteran Todd Johnson, Vice-President – International Operations.
Menlo provides customers with dedicated and multi-client warehousing; domestic transportation management, managed international transportation services; as well as a variety of value-added services including: inventory management, light assembly, kitting, foreign trade zone (FTZ) services, labeling, manufacturing support, pick/pack operations, packaging, service parts management, and reverse logistics. Key Asia-Pacific customers include: the Australian Wine Index, BMW, Bosch, Canon, CHEP, Danfoss, Embraer, Ford Motor, General Motors, Mitsubishi Chemical, Pernod Ricard, and West Pharmaceutical.
The increase in Menlo’s South East Asia 3PL operating footprint from the Cougar acquisition is shown in the table below. The combined South East Asia operation had approximately $60 million in revenues in 2007.
Cougar Logistics and Menlo Worldwide Combined South East Asia 3PL Resources