# CIMC establishes subsidiary CIMC Carriers to integrate logistics carrier businesses

CIMC Group announced the establishment of CIMC Carriers Holdings Co., Ltd., integrating multiple high-quality subsidiaries to focus on production, leasing, and intermodal services of unit-load logistics carriers such as pallets and containers. The new entity has a business scale of about 4 billion yuan.

- Type: Acquisition
- Announced: 2020-05-06
- Where: China
- Status: completed
- Products: unit-load logistics carriers, pallets, containers
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [CIMC Group](https://endata.com/companies/26900.md)
- [CIMC Carriers Holdings Co., Ltd.](https://endata.com/companies/47029.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/298715.html), 2020-05-06: "中集集团对外宣布，正式整合旗下多家优质企业，成立中集载具控股有限公司(简称“中集载具”)。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.