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EQS-News: Partners Group to acquire significant minority stake in global logistics provider Apex Logistics


EQS-News: Partners Group to acquire significant minority stake in global logistics provider Apex Logistics
vom 01.07.2021, 07:00 Uhr
Bild: pixabay.com
Partners Group to acquire significant minority stake in global logistics provider Apex Logistics
01.07.2021 / 07:00
Apex is a leading player in the growing cross-border air and ocean freight forwarding market
Partners Group joins majority shareholder Kuehne+Nagel on the Apex Board
Apex stands to benefit from the rise of cross-border e-commerce, a key transformative trend
Partners Group, a leading global private markets firm, has agreed to acquire a 24.9% equity stake in Apex International Corporation ( Apex or the Company ), a globally integrated logistics solutions provider, on behalf of its clients. Upon closing of the transaction, Partners Group will join majority shareholder Kuehne+Nagel Group, one of the world s leading logistics companies, with a seat on the Apex Board. ....

United Arab Emirates , United States , Hong Kong , Sheng Liu , Switzerland General , Asia Pacific , Yngve Ruud , Marcel Erni , Jenny Blinch , Joerg Wolle , Dapex International Corporation , Stock Exchange , Swiss Exchange , Nagel Group , Partners Group Key , Partners Group , Group News Service , Nagel International , Private Equity , Apex Logistics , Executive Vice President Air Logistics , Nagel Board , Managing Director , Tony Song , Sea Logistics , Air Logistics ,

Kuehne+Nagel completes acquisition of Apex


Kuehne+Nagel completes acquisition of Apex
Kuehne+Nagel has completed the acquisition of Apex International Corporation, following the satisfaction of all closing conditions, including the receipt of unconditional regulatory approvals from the competent authorities.
Apex is one of Asia’s leading freight forwarders, especially on the transpacific and intra-Asia trade routes. In 2020, the company generated turnover of CHF 2.2 billion, gross profit of CHF 296 million and earnings before taxes of CHF 126 million and ranked seventh in terms of global air freight forwarding volume. In the first quarter of 2021, Apex has continued to perform strongly with turnover of CHF 556 million, gross profit of CHF 109 million and earnings before tax of CHF 64 million. ....

Dominique Nadelhofer , Joerg Wolle , Nagel Group , Dapex International Corporation , Nagel International , Job Offers , நாகல் குழு , உச்சம் சர்வதேச நிறுவனம் , நாகல் சர்வதேச , வேலை சலுகைகள் ,