HutchWatch: Beijing's ire and Singapore's dilemma
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Specialist beverages freight forwarder Hillebrand has continue on its acquisition trail, buying a majority stake in France-based forwarder VignoblExport this week.
The deal value was undisclosed, and Hillebrand said it had an option to acquire the remaining shares.
Headquartered in Orleans, VignoblExport also has operations in Spain and Italy and focuses on “small quantity logistics” for winemakers, which include shipments such as samples for events, ‘wine tourism’ and e-commerce purchases.
“VignoblExport enables Hillebrand to strengthen its small-quantity logistics business, as well as accelerate ...
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