EC approves DSV takeover of DB Schenker
DSV has cleared a major hurdle in its planned acquisition of DB Schenker after the ...
AIT Worldwide Logistics’ three-year acquisition extravaganza shows no sign of abating: it’s latest addition is US last-mile delivery provider Select Express & Logistics.
The acquisition, due to conclude mid-December, is the latest in a series of purchases by AIT that includes the UK’s Panther Logistics and Germany’s Fiege Forwarding last year and customs broker Multimodal International and freight forwarder Intelligent Logistics in 2021. The terms of the latest deal have not been disclosed.
AIT itself was recapitalised by private equity firm The Jordan Company in March, with targeted ...
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