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Unifeeder sale could kick off new consolidation

DP World's acquisition of Unifeeder could help launch a corresponding process in Asia with Hutchison, PSA and Cosco as drivers, notes analyst after Tuesday's transaction. The concentration of port and shipping interests has acquired a new dimension.
Photo: Unifeeder
Photo: Unifeeder
by TOMAS KRISTIANSEN, DANIEL LOGAN, LOUISE VOGDRUP-SCHMIDT

It only took a few months to settle the negotiations between Dubai-based DP World and Danish-owned Unifeeder, even though there were several other interested buyers.

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