With the acquisition of customs clearance firm KGH Customs Services for DKK 1.8 billion (USD 280.7 million), Maersk continues its ambition of expanding its land-based businesses.
The acquisition is also a good example of the fact that Maersk will not be making billion dollar acquisitions in its historical transformation from a conglomerate to an integrated transport and logistics company, Vincent Clerc, head of Ocean & Logistics at Maersk, to Danish business daily Børsen.
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