Comment / M&A radar: Grab some popcorn with Mainfreight in Asia

From afar, New Zealand has always seemed like an almost mythically attractive place.

Lush, prosperous and tolerant, it has none of the alarming wildlife common to its northern neighbour, and appears to outsiders to be very competently run, not least during the Covid-19 crisis.

Little surprise, then, that it is also home to a play-it-safe logistics company – Mainfreight – which, on the face of things, smartly outperforms the global industry and is incredibly well-regarded in the trade.

Good pandemic

The Auckland headquartered company ...