Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
Deals that belong to the hall of fame in European transport and logistics are scarce. Of benchmark scale, we probably struggle to identify any. To achieve that status, they must be sizeable, strategic and blaze a trail for others to follow. To be remembered forever.
If you recall, scraping the bottom of the M&A barrel, in 2005 Deutsche Post DHL acquired Excel for €5.5bn, but that didn’t go well. In its wake, Kuehne + Nagel (K+N) took over ACR Logistics, a ...
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