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AP Moller-Maersk, a global integrator of container logistics with a major presence in the Middle East region, has reached an agreement to acquire Hong Kong-based premium omnichannel fulfilment company LF Logistics for about $3 billion, said a report.
By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its transformation into a global integrator of container logistics, according to the...
Copenhagen, Denmark: A.P. Moller – Maersk (Maersk) has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region. The acquisition of LF Logistics is an important and truly strategic milestone on our journey to become the global ...
Li & Fung Limited entered into a transaction for shipping giant Maersk to acquire its logistics business, LF Logistics Holdings Limited (LF Logistics) and its various entities, valuing the business at $3.6 billion on an enterprise value basis.
/PRNewswire/ -- Li & Fung Limited (Li & Fung), the world's leading supply chain solutions partner for consumer brands and retailers, and its affiliates, today...