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The Honolulu Advertiser
Updated at 11:21 a.m., Wednesday, September 3, 2008

Matson acquires California warehouse and distribution company

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Matson Navigation Co. has acquired a Northern California warehousing, packaging and distribution company with nearly 1 million square feet of warehouse and distribution space in the Bay Area.

Matson, a unit of Honolulu-based Alexander & Baldwin Inc., acquired Oakland, Calif.-based Pacific American Services LLC through a subsidiary for an undisclosed price.

The purchase by Matson Global Distribution Services follows the acquisition of a 1-million-square-foot industrial park in Savannah, Ga., made by A&B earlier this year for $50 million.

A&B established Matson Global last year as a subsidiary of Matson Integrated Logistics to provide third-party logistics services that include warehousing, distribution, and freight forwarding throughout the United States and internationally.