Logistics Industry News

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Kiuda Group and CGETC
Alec Shimell profile picture

Alec Shimell

June 2026

Beauty Investor Kiuda Group Acquires Majority Stake in CGETC

Kiuda founder Ky Ma becomes CEO of the City of Industry, California, logistics provider in the firm's first acquisition, and CGETC founder David Byun stays on as president. Terms were not disclosed.

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