Business

Acquisitions

K+N’s air division earnings boosted by Apex deal

By Rachelle Harry

Forwarder Kuehne+Nagel (K+N) has more than doubled its earnings in the first half of 2021. The company said that “continued recovery…

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Geodis strengthens pharma offering with Gandon Transports acquisition

By Rachelle Harry

Supply chain firm Geodis is set to expand its presence in the pharma market with the acquisition of temperature-controlled logistics…

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DP World to expand Africa and Europe presence with Imperial acquisition

By Rachelle Harry

Supply chain solutions provider DP World has revealed plans to acquire Imperial Logistics in an $890m deal. Dubai-headquartered DP World,…

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Hellmann set for Innight Express acquisition

By Damian Brett

Hellmann Worldwide Logistics will acquire overnight express provider Innight Express as it aims for expansion in central and eastern Europe….

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Kuehne+Nagel sells minority stake in Apex

By Damian Brett

Kuehne+Nagel has agreed to sell a 24.9% stake in recently acquired Apex International to private equity firm Partners Group. The…

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G-Solutions re-brands following Bolloré Logistics investment

By Damian Brett

Swedish company Global Freight Solutions (G-Solutions) and its Finnish affiliate will be re-branded as Bolloré Logistics. The move comes after…

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Kuehne+Nagel completes Apex acquisition as it looks to expand in Asia

By Damian Brett

Kuehne+Nagel (K+N) has completed the majority acquisition of Apex International as part of efforts to expand its presence in the…

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KWE Canada lands forwarder Prestige Air Cargo

By Damian Brett

The Canadian arm of Kintetsu World Express (KWE) has acquired seafood specialist forwarder Prestige Air Cargo as it looks to…

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Cargo handler Skyport changes hands

By Damian Brett

Infrastructure investment firm Ventus and Singapore-based company Sky Logistica have acquired Prague-based cargo handler Skyport. Skyport offers cargo handling at…

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DSV to break into top three with takeover of Agility GIL

By Damian Brett

DSV is set to become a top three global forwarder as it continues its expansion through the planned acquisition of…

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