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SumiTrans buys logistics company

SumiTrans buys logistics company

   Sumitrans Corp., a cargo consolidator and freight forwarder, acquired Buena Park, Calif.-based ServiceCraft Logistics from holding company May Logistics and its private equity backer Code Hennessy & Simmons LLC, the companies said.

   Terms of the deal were not disclosed. Sumitrans is a subsidiary of the Sumitomo Corp. of America conglomerate.