South Korean conglomerate Doosan has completed the sale of its logistics automation subsidiary, Doosan Logistics Solutions (DLS), for 68.5 billion Korean won (approximately $52 million USD). The transaction marks Doosan’s continued streamlining of its portfolio, focusing on core businesses. Details regarding the buyer were not immediately disclosed in the initial report. DLS specializes in automated logistics systems and solutions, serving various industries. This divestiture follows a broader trend of South Korean companies reassessing and restructuring their business units. The sale is expected to allow Doosan to reallocate resources towards growth areas within its remaining businesses. The deal was reported by Yonhap News Agency.
