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Brazil: Mitsui expands auto parts distribution business

Japanese trading company Mitsui & Co, which has been running the distribution of automotive parts for Toyota in the US, Europe and Asia, has acquired Brazilian company Veloce Logistica for ¥4.7bn (US$58.5m). This move is aimed at expanding into Brazil's automotive parts distribution market, the Nikkei said. Veloce Logistica manages transportation Subscribe to Automotive World … Continued

Japanese trading company Mitsui & Co, which has been running the distribution of automotive parts for Toyota in the US, Europe and Asia, has acquired Brazilian company Veloce Logistica for ¥4.7bn (US$58.5m).

This move is aimed at expanding into Brazil's automotive parts distribution market, the Nikkei said. Veloce Logistica manages transportation

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https://www.automotiveworld.com/articles/92207-brazil-mitsui-expands-auto-parts-distribution-business/

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