Kuehne + Nagel gets approval for sale of British business unit to US competitor

British regulators have approved Kuehne + Nagel's sale of a business unit in Great Britain to US-based XPO.

Photo: PR / Kuehne + Nagel

German logistics major Kuehne + Nagel has now finalized the sale of some of its activities in Great Britain to US-based competitor XPO Logistics, according to a press release.

The sale involves business unit Contract Logistics in Great Britain, which the parties agreed on in the spring of last year.

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