Comment / Analysis: Kuehne + Nagel – another dose of M&A to hit the spot

When Kuehne + Nagel (K+N) acquired Apex earlier this year, all sorts of noise surrounded the purchase, with several market veterans arguing the Swiss forwarder may have regretted, eventually, the purchase of a sea and air freight wholesaler whose associated air/ocean volumes may have been lost in a flash.

That time isn’t now – head on 

Its Q3 21 numbers released today proved that Apex was a sound, if not defensive, buy with hindsight – one without which K+N would not have ...