Comment / Kuehne CEO Paul's fingerprints on IMC buy – next drayage deal, please

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The Kuehne + Nagel + IMC Logistics “strategic partnership” announced yesterday was quite surprising.

Or?

To say it left all in awe would be an overstatement, but surely it piqued curiosity in the sort of deal-making K+N is entertaining.

Unconventional, but to what extent?

The man leading the crew, insiders insist, has always been fully supportive of the internal restructuring. And to move the ’M&A needle’ for CEO Stefan Paul, bolt-on only, of course, is part of the game.

True, he is a CEO confronted ...