CWT Limited (formerly CWT Distribution Limited1) is engaged in the provision of warehousing and logistics services, transportation services, import and export cargo consolidation and freight forwarding services, engineering services, collateral management services, container depot operations and investment holding. The Company operates in two business segments: Logistics services and Engineering services.
Logistics services includes warehousing, transportation, freight forwarding and container depot operations. Engineering services includes maintenance and repairs of vehicles and buildings, and surface preparation of metal materials for corrosion control. Other services include project management services. On January 1, 2006, it acquired CWT Logistics (S) Pte Ltd. On January 27, 2006, it acquired Indeco Engineers (Pte) Ltd. On October 10, 2006, it acquired C&P Asia Pte Ltd. On November 2, 2006, it acquired 56% interest in Globelink Uniexco S.L.
|Address||24 Jurong Port Road #03-00 Office Block CWT Distripark Singapore 619097 Singapore|
- September 20, 2008 - CWT pays 16.5m euros for Belgian logistics firm2 - CWT Ltd is expanding its commodities business in Europe. The group said yesterday that CWT Commodities Pte Ltd, a wholly owned subsidiary, has entered into a sale and purchase agreement with Hesse-Noord Natie NV to acquire HNN Logistics for a cash consideration of 16.5 million euros (S$34 million). Upon completion of the acquisition, HNN Logistics will be a wholly-owned subsidiary and its name will be changed to CWT Commodities (Antwerp). HNN Logistics is in the business of warehousing, forwarding and logistics services. It owns warehouses at Berendrecht, Quay 650, located in the heart of Antwerp and sitting strategically across the road from the Port of Antwerp.