In a significant move towards sustainability and strategic expansion, Ebenezer Logistics, a subsidiary of the well-respected local company Ebenezer Group, proudly declares the successful acquisition of HAVI Logistics’ business in Singapore. This milestone agreement positions Ebenezer Logistics as a leading player in the logistics sector and highlights the company’s commitment to fostering a greener future.
The acquisition, effective December 29, 2023, marks a pivotal moment for Ebenezer Logistics as it strategically diversifies its business portfolio in line with its growth strategy. HAVI Logistics, known for its first-class cold chain solutions, strengthens Ebenezer Logistics’ position in the key area of the logistics sector, especially cold chain solutions, which are critical to maintaining the integrity of temperature-sensitive goods during transportation and storage. To do. The addition includes approximately 30,000 square feet of cold storage in Pandan Loop, strengthening Ebenezer Logistics’ diverse portfolio.
HAVI Logistics’ global reputation, combined with Ebenezer Logistics’ expanded capabilities, sets the stage for increased efficiency and innovation in logistics solutions. This acquisition underscores Ebenezer Logistics’ commitment to providing cutting-edge services and furthers its trajectory to become a comprehensive and major player in the logistics industry.
said Lawrence Kim, CEO of Ebenezer Group. “The acquisition of HAVI Logistics in Singapore is a defining moment for Ebenezer Group. Our vision goes beyond logistics and embraces sustainability and innovation. The incorporation of HAVI operations will enable efficiency and innovation. The time has come to rebuild the logistics industry.
Concurrent with the acquisition, Ebenezer Group announced that it has entered into a Power Purchase Agreement (PPA) agreement with the Land Transport Authority (LTA). The agreement secures payment streams for a build-your-own-transfer (BOT) concession project aimed at installing a rooftop solar photovoltaic (PV) system at LTA’s headquarters on Hampshire Road. This initiative, which harnesses renewable energy from sunlight, contributes to environmental sustainability and ensures the long-term energy efficiency of the headquarters.
Mr Kim said: “Signing the LTA Headquarters Power Purchase Agreement is our commitment to shaping a sustainable future. It represents our commitment to long-term energy efficiency, where energy is the backbone of Singapore’s infrastructure.”
Ebenezer’s rooftop solar power systems harness solar power to provide a clean, safe, sustainable, and abundant energy source. Going for a solar power system will not only reduce your electricity bill, but also guarantee a solid return on investment (ROI) from solar energy. As Singapore’s trusted renewable energy and solar energy company, Ebenezer has a portfolio of pipeline and completed projects totaling nearly 10MW of solar power projects.
Founded in 1994 as a non-destructive testing (NDT) company serving the oil and gas sector, Ebenezer expanded into CNC precision engineering in 2013, moved into solar energy in 2018, and expanded into logistics in 2021. entered the department. The company’s evolution shows versatility and dynamism. , with expertise across a variety of industries. Our commitment to sustainability is evident in our pioneering efforts, which include a fleet of approximately 200 electric vehicles (EVs), making Ebenezer a trailblazer in the industry.
In line with its growth strategy, Ebenezer is actively seeking financial support for its fuel expansion plans and is seeking potential investors who share its vision of a sustainable future and want to be part of Singapore’s green revolution. I’m inviting you home.