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OIA Global Obtains Majority Ownership of TriMAX Joint Venture

OIA has obtained majority equity in its TriMAX JV, forming OIA Global Vietnam Co., Ltd. in the process.

20 September 2014

OIA Global, a leading worldwide logistics and packaging solutions provider, announced today that it has obtained majority equity in its TriMAX JV, and formed OIA Global Vietnam Co., Ltd.

“This is an exciting time for OIA Global. We have operated in Vietnam for the past 10 years through our JV TriMAX. OIA’s clients will now experience a single brand, visibility through our operating system, and an expanded service offering”, said Charlie Hornecker, CEO of OIA Global.”

“Converting this significant operation to an OIA Global entity in Vietnam realizes our long-term vision to grow in geography, customer base and strengthen our ability to serve our customers’ needs in one of the fastest growing and most important manufacturing markets in the world,” said T.H. Lee, General Director of OIA Global Vietnam.

OIA Global originally formed TriMAX Logistics JV Co. Ltd. with operations in Ho Chi Minh City and Hanoi. The corporation now owns a majority stake in the operation.