Maersk to acquire Asian fulfillment company LF Logistics for $3.6bn
Danish shipping firm A. P. Moller – Maersk (Maersk) has agreed to acquire LF Logistics, a Hong Kong-based fulfillment company, from Li & Fung and Temasek Holdings for $3.6 billion. LF Logistics, which operates a Pan-Asian network, serves as the supply chain partner for firms looking to expand in the Asia-Pacific region. Established in 1999, […]