It is announced that Yusen Logistics Turkey (YLTR), a subsidiary of global logistics company Yusen Logistics, and İnci Lojistik (IL), a subsidiary of İnci Holding, have merged to form a new company, Yusen İnci Lojistik ve Ticaret AŞ (Yusen İnci Lojistik).

Yusen İnci Lojistik commences operation on 1 April 2017 and is headed by Hakan Meriç, formerly Managing Director of Yusen Logistics Turkey.

 

This strategic merger represents a crucial step for both parties and changes the landscape of the domestic logistics market in Turkey, as well as impacting the international sector.

 

This merger creates a new and stronger alternative choice for customers seeking quality logistics and value added services in the rapidly growing Turkish market. Yusen İnci Lojistik formalises the two organisations’ complementary specialist areas of experience, with Yusen Logistics’ presence in global markets on the one hand, and İnci Lojistik’s expertise in the domestic market on the other.

 

Headquartered in Istanbul, Yusen İnci Lojistik offers a full range of contract logistics services in Turkey, as well as well as international forwarding services for both inbound and outbound supply chains though its global network.

 

Yusen İnci Lojistik has offices in Istanbul, Izmir, Manisa, Bursa and Ankara, operating 30,000 sq m of high quality warehousing at its Izmir and Manisa sites. Both ambient- and temperature-controlled storage are available, as are Customs facilities and bonded storage. The company also offers a wide range of value added services including sequencing, kitting, pre-assembly, line feed, packaging, labelling, product rework and quality control. A nationwide distribution network offers domestic transportation and delivery solutions.

 

Yusen Logistics commenced activities in Turkey on 1 October 2012 as Yusen Logistics Turkey. A subsidiary of İnci Holding, İnci Lojistik was founded in 1997 and provides domestic and international logistics, supply chain solutions and supply chain consultancy services. The two companies formalised an initial collaboration in 2014 and the creation of the newly merged company, with shares held by Yusen Logistics Europe BV (60%) and İnci Holding (40%) firmly underlines the two companies’ commitment to further strengthening their relationship.

 

Yusen İnci Lojistik is now well positioned to strengthen its presence in the Turkish market as well as developing high quality international logistics services on a global scale, with accelerated business growth.

 

President of Yusen Logistics Kenji Mizushima said, ‘This merger with İnci Lojistik is a very important step indeed for Yusen Logistics from our global perspective. Our strengthened presence in Turkey represents an important step in the next stage of our global strategy.’

 

Commenting on the merger President of İnci Holding Neşe Gök said, ‘The two partners’ two companies in Turkey are uniting under one umbrella to grow and become stronger. We are proud of this development, which proves our partner’s confidence in our company and more importantly, in our country’s economy.’

 

President of İnci Lojistik Murat Yıldıran commented, ‘We are uniting our forces to better adapt to the needs and realities of a rapidly changing world; together we are more resilient in the face of global turbulences, and more capable of transforming them into opportunities.’

 

Managing Director of Yusen İnci Lojistik Hakan Meriç added, ‘Yusen Logistics has chosen Turkey as a centre to grow and strengthen its position as a player in the regional sector. This merger reinforces our critical mass in the Turkish market and means that we are well placed to better serve our existing customer base, as well as offering attractive solutions to new customers.’