Logistics

Kuehne + Nagel buys Asian logistics company with 1,600 employees

Logistics major Kuehne + Nagel buys Asian logistics company Apex International, which has a revenue in the billions and 1,600 employees. According to Kuehne + Nagel, this marks the group's biggest acquisition ever.
Photo: PR / Kuehne + Nagel
Photo: PR / Kuehne + Nagel
by DANIEL LOGAN

Kuehne + Nagel enters a binding agreement to buy Asian logistics operator Apex International, announces the Swiss-based logistics major on Monday.

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