M&A radar: Shopping in the US, Geodis shows what can be done
Another one added
The latest bolt-on deal announced by Kerry Logistics Network out of Hong Kong is meaningful for a few reasons.
For one thing, and most importantly for Premium, it places the spotlight on a larger acquisition targeting another forwarder focused on the transpacific trade, as Kerry’s target, The Topocean Group, is.
Check out our “Who’s next?” coverage from last month, and Honour Lane Shipping (HLS), also from Hong Kong, has been reportedly looking for a buyer for long enough for it to happen ...