Market Insight: Claw sharpening – Mærsk & Asia M&A, K+N CEO and more
It’s that time of the year
AP Moller-Maersk has signed a three-year, global end-to-end logistics agreement with giant meat and food producer Danish Crown.
The agreement covers all Danish Crown’s business units, delivering ocean services, inland and cold chain logistics, and will also include access to the digital supply chain platform, Tradelens, which is underpinned by blockchain technology.
Maersk said the deal represented the largest reefer logistics contract in Europe.
Danish Crown is one of the world’s largest exporters and the largest supplier of pork in Europe, and its subsidiaries include the largest meat-processing company in Europe, a key player in the European beef market, the ESS-Food trading company and DAT-Schaub, a global market leader in casings for sausage production.
It has significant export volumes to Asia and growing business volumes in North and South America.
“Maersk can offer a reliability in our supply chains which our customers are increasingly demanding,” said Danish Crown group CEO Jais Valeur (below, left).
“At the same time, we will get a partner that understands and prioritises the importance of an active collaboration in our daily business. This close collaboration is key and will ultimately service our customer’s needs.” he added.
“Maersk is a natural choice for Danish Crown, as our customers will expect that we are able to undertake the responsibility of all business activities in the food supply chain right from the Danish farmer to the dinner tables in Shanghai, Tokyo or New York,” Mr Valeur explained.
Vincent Clerc, CEO of Ocean and Logistics at Maersk, added: “The food supply chain is highly demanding, but we will work hard to provide fast, reliable and dynamic supply chain solutions to Danish Crown.”
The contract began on 1 October.