MSC eyes joint ownership of Spanish intermodal operator Renfe Mercancías
MSC, via its logistics arm Medlog, has been selected as “a potential strategic partner” of ...
By Alex Lennane
It is a big deal. Asia’s warehouse operator, Global Logistic Properties (GLP) is buying Europe’s Gazeley for a hefty $2.8bn, adding to its already sizeable $42bn portfolio, centred in Asia and the Americas. Gazeley’s addition brings coverage in Europe too. The new portfolio is made up of 57% UK assets, 25% in Germany, 14% in France and 4% in the Netherlands. GLP is itself being acquired, for $11.8bn, by a Chinese private equity consortium backed by executives from GLP.
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Andrew Thomas
November 20, 2018 at 10:26 amGlobal Logistics has a large scope. This could be another option to choose for some logistics company.