After the US government's involvement in the investigation, China International Shipping Container (Group) Co., Ltd. (CIMC, referred to as Zhongji Group) announced that it has stopped acquiring the two companies of Maski Shipping.
The U.S. government said that this move is to maintain the security of the global freezing supply chain and prevent the entities controlled by Chinese state -owned enterprises or countries to further control the production of global insulation containers and frozen transportation containers.
According to a press release issued by the US Department of Justice on Thursday (August 25), after a comprehensive investigation was launched at the Antitrust Bureau of the US Department of Justice, China International Sea Transport Container (Group) Co., Ltd.It is confirmed that abandoning the original purchase intention of Maersk Container Industry and Maersk Industrial Company Qingdao Co., Ltd.
China International Sea Transport Container (Group) Co., Ltd. is a public listed company in Chinese state -owned capital.
The U.S. Department of Justice said in the press release that the acquisition will merge the suppliers of the four insulation containers and frozen transportation containers in the world into two, further consolidating the entity controlled by China's state -owned or national control worldwide to the worldThe production of more than 90%of the insulation container and frozen transportation containers will further focus on global freezing supply chains.
Jonathan Kanter, Assistant Minister of Anti -Torais Anti -Torais, said in a press release that American consumers rely on global frozen supply chain) The acquisition of Mascia container industry companies will threaten the important part of the US economy, leading to high prices, decreased quality, and insufficient global supply chain.
Kanter explained that it will consolidate China International Maritime Container (Group) Co., Ltd.'s dominant position in an integration of the industry and eliminate the innovation and independent competitive position of the Masisy container industry company.The agreement will actually increase the coordination risks of the remaining suppliers in the market, and most of these suppliers will be formed alliance through common ownership and related alliances.
