Madrid beckons: Kuehne's bolt-on M&A comes – one zero after another
While the Danes are (sigh) on a roll…
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As part of my “who’s next?” series, concerning the possible corporate moves of Kuehne + Nagel (K+N), after Germany’s Hapag-Lloyd last week, I have now run the ruler over another potential acquisition target.
While the ocean carrier is attractive in terms of vertical consolidation, I looked at a very different, perhaps more compelling and transformational, proposition: what about K+N buying the freight forwarding arm of Deutsche Post-DHL, aka DP-DHL GFF?
I admit it’s a bit of a stretch, even for an M&A junkie like me, ...
Comment on this article
Fabian
July 27, 2018 at 11:37 amas K&N guy making me very happy to see DGF going down and down even they are subsidized by state
its really time to have this business unit sold for DPDHL
but i would doubt that worlds largest forwarder could take over #1 in airfreight w/o problem as this would create an unbeatable forwarder
Ale Pasetti
July 27, 2018 at 9:07 pmThanks for your comment, Fabian. Are you referring to regulatory risk, if I may ask? Just 25% of tot air tonnes out of the tot. volumes for the top 20 in air. It’s do-able, I think.