SK Energy Acquires Entire Stake in Logistics Platform Company Goodsflow
Existing 41% Stake Held
Acquisition of Majority Shareholder Stake Up to 44%
SK Energy will acquire all shares of Goodsflow, a logistics platform service company.
SK Energy recently signed a stock purchase agreement to acquire 44% of the shares held by Goodsflow's largest shareholder, CEO Jeong Tae-jin. The acquisition price for the shares is reported to be around 25 to 30 billion KRW.
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Since 2020, SK Energy has held a 41% stake in Goodsflow by merging its shared delivery platform Zoomma with Goodsflow. SK Energy plans to acquire an additional 15% stake to make Goodsflow a wholly owned subsidiary. Goodsflow provides delivery information solutions and fulfillment solutions. Fulfillment refers to a place that jointly stores products from multiple sellers and efficiently handles complex logistics processes such as inventory management, packaging, inspection, shipping, and delivery all at once.
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