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Zoneco to sell stake in logistics firm for CNY 137m

Zoneco Group has agreed to sell a 75% stake in Zhangzidao Central Refrigeration Logistics to Shanghai-based firm Global Freezer Services

By Undercurrent News | April 6, 2020 15:39 BST
Credit: Zoneco
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Zoneco Group, one of China’s largest seafood companies, has agreed to sell a 75% stake in a cold storage warehousing and logistics business to Shanghai-based firm Global Freezer Services (GFS) for CNY 137 million ($19.2m). [...]

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