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LF Logistics comes with an expensive price-tag for Maersk – doubled in value in just a few years

With its acquisition, Maersk is paying LF Logistics more than double the figure that the company was valued at in 2019. The Hong-Kong based logistics company comprises 10,000 employees and has 223 warehouses and distribution centers in 14 countries.

Photo: PR foto Maersk

Li & Fung and Singapore’s investment arm Temasek Holdings are probably laughing all the way to the bank with the sensational multi-billion-dollar sale of LF Logistics to Maersk.

The price for the Hong Kong-based logistics company, which is a relatively recently-established and fast-growing logistics company founded in 1999 with contract logistics business in 14 countries in the Asia-Pacific region, is clearly at the high end.

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