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Shaw Kwei & Partners invests USD17 million into marine logistics firm
Private equity manager Shaw Kwei & Partners has invested US$17 million into marine logistics firm Amos International Holdings for a 60% ownership stake. The remaining ownership is held by Amos’ management led by chief executive officer Danny Lien.
The Asset 6 Oct 2014

Private equity manager Shaw Kwei & Partners has invested US$17 million into marine logistics firm Amos International Holdings for a 60% ownership stake. The remaining ownership is held by Amos' management led by chief executive officer Danny Lien.

 

Amos will use the new capital to fund growth and to invest in a 150,000 square foot distribution centre to meet rising customer demand as well as expand its repair and maintenance workshop for both the marine and oil and gas industries.

 

"We look forward to our partnership with Shaw Kwei & Partners, whose global expertise and extensive network will help expand our market share, particularly in Singapore and China," says Lien.

 

Amos provides marine and offshore procurement as well as logistics management solutions to vessels calling at major ports across Asia. Founded in 2004, Amos has developed into one of the leaders in the marine supply and logistics industry in Southeast Asia, having secured long term supply and logistics contracts with numerous major ship-owning and ship-management companies globally. Amos' customers include the navies of numerous countries, owners and managers of containerships, tankers, FPSOs/FSOs, LNG/LPG vessels, oil rigs and offshore support vessels for the oil and gas industry.

 

"This investment further demonstrates Shaw Kwei & Partners' commitment in Singapore. We believe that with deep management experience and a recognized history of quality services Amos is well positioned to increase its market share and growth in the marine and oil & gas sectors with its expanded products and services offerings. We plan to grow Amos both organically and through strategic acquisitions," says Kyle Shaw, managing director and founder of Shaw Kwei & Partners.

 

The investment into Amos comes from Shaw Kwei & Partners' third fund raised in 2011. Since its founding in 1999, Shaw Kwei & Partners has invested across a variety of manufacturing and service businesses and then provided assistance on business strategy, corporate governance, and financial planning.

 

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