Singapore-headquartered Tiong Woon has formed a strategic alliance with Mammoet Asia Holding as the companies aim to expand their presence in Thailand.
Tiong Woon, which provides heavy lift and special transport services, said the move would allow it to enhance its heavy lift and haulage capabilities in the Thai market. Both companies should be in a stronger position to offer, tender, negotiate, and perform projects. To solidify the deal, Tiong Woon has acquired transportation, heavy haulage, and heavy lifting equipment from Mammoet.
Ang Guan Hwa, executive director, and ceo at Tiong Woon, was optimistic regarding the opportunities arising of this deal: “We will be positioned to deliver a wider suite of exceptional services to our customers. The investment also underscores our commitment to meeting the evolving needs of our customers and partners, and our vision for the group as the market leader in high-value, large, complex heavy lift and haulage solutions in Thailand and the broader region.”
