M&A landscape: nothing chunky to buy, lots to break up
Inspired by the bear, threatened by the bull or vice versa?
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© Dennis Owusu-ansah
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Dreamstime.com
All eyes on the DB Schenker sale, we have been looking for signs of healthy performance from another major state-owned 3PL from Europe, France’s Geodis, in recent days*.
Its parent company SNCF, disclosed last week that its finances are in good shape…
… while its “commitments to rail, the environment and our people” are of paramount importance.
(*Indeed, the ’CMA CGM blockbuster logistics M&A’ narrative from late 2022 always in our mind…)
2023: Parental highlight
Record investments: €10.6bn.
“Looking towards the future”, another €10bn investment plan ...
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