Crossland Logistics

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Crossland Logistics - overview

Location

Bangkok, Bangna, Thailand

Primary Industry

Logistics & Distribution

About

Crossland Logistics is a transportation firm specializing in innovative logistics solutions that enhance supply chain efficiency and safety. Their services are particularly designed to address visibility and accountability issues in logistics operations. Crossland Logistics operates a sophisticated transport system known as 'Mimamori' that focuses on enhancing logistics efficiency. Founded by Lars Gurtner and Lucas Moser, the company is headquartered in Bangkok, Thailand.


In April 2012, the Abraaj Group acquired Crossland Logistics, with financial terms not disclosed. The company has engaged in one total deal, marking its strategic growth within the logistics sector. Crossland specializes in a transport system called 'Mimamori', which enhances logistics operations by providing seamless tracking and management of goods throughout the supply chain. This service addresses common logistical challenges such as visibility and timeliness, and has been utilized by a diverse client base including manufacturers, retailers, and e-commerce companies.


The primary markets for Crossland include Southeast Asia, as well as select regions in North America and Europe, focusing on optimizing delivery processes to improve customer satisfaction. For the most recent fiscal year 2022, Crossland Logistics reported a revenue of USD 12. 25 mn, with an EBITDA of USD 937,078. 7.


Their revenue model is based on direct B2B transactions through service agreements involving the Mimamori system, where clients can choose subscription-based plans tailored to their operational needs. Crossland Logistics aims to enhance its offerings with new product developments for the Mimamori system, although release dates have not been specified. The company is also exploring expansion into new geographic markets, particularly targeting regions within North America and Europe. The funding from the acquisition in April 2012 is expected to support these growth initiatives, laying the groundwork for enhanced logistics solutions.


Current Investors

The Abraaj Group

Primary Industry

Logistics & Distribution

Sub Industries

Trucking

Website

www.crossland.co.th

Company Stage

Mature - Buyout

Total Amount Raised

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Crossland Logistics - timeline of key events

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Crossland Logistics - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedCrossland Logistics-

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Crossland Logistics - employee data

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