The consortium comprising Centurium Capital, Temasek and True Light has completed the privatisation of ANE (Cayman) Inc.
With its delisting from the Hong Kong Stock Exchange effective 4:00 PM today, ANE begins a new chapter as a privately held company.
Immediately after the completion of the privatisation, Centurium Capital, Temasek, and True Light indirectly hold approximately 51.78%, 17.35%, and 17.35% in ANE, respectively.
The remaining indirect equity interests in ANE are held by the trustee of ANE’s Equity Incentive Plans and by the former shareholders of ANE who validly elected to roll over.
Michael Chen, Managing Director of Centurium Capital, said, “Building on our long-standing partnership with ANE, the completion of this privatisation sets the stage for deeper collaboration and accelerated strategic execution. As the industry undergoes profound changes, moving into the private domain provides the agility and efficiency needed to navigate market changes and focus on long-term value creation.
“Alongside our consortium partners, Temasek and True Light, we are honoured to guide and support ANE in its pursuit of greater competitiveness and new opportunities in China’s dynamic logistics industry, and grow together with ANE’s employees and network partners.”
SHEN Ye, Deputy CEO of China, Temasek, said, “The completion of the privatisation marks an important milestone as ANE embarks on a new chapter of transformation. As a global investment firm with over 20 years of experience in China, Temasek remains confident in the country’s long-term growth and the structural evolution of its logistics sector.
“ANE has built a high-quality national platform with a scalable franchise network and robust operational capabilities. Together with our consortium partners and ANE’s management team, we look forward to supporting the company in driving operational efficiencies and pioneering sustainable logistics solutions for the future.”
ANE (Cayman) Inc. is a leading operator of an express freight network in China’s less-than-truckload (LTL) market. A pioneer in establishing the freight partner platform model, ANE delivers timely and comprehensive transportation services through a network of over 38,000 partners and agents, achieving nationwide coverage.
ANE directly operates all mission-critical sorting and line-haul processes to ensure service quality and reliability. Its extensive network serves shippers in over 99.6% of China’s counties and townships.
