“Despite global challenges caused by the Covid-19 pandemic, (…) Hellmann Worldwide Logistics has closed the 2020 financial year and the first quarter of 2021 very successfully while consistently driving forward the strategic development of the company.” – Hellmann Worldwide Logistics (HWL), 31 May 2021.

It was at the end of Q1 20 that Germany’s Hellmann Worldwide Logistics was last, somewhat seriously rumoured to be a palatable takeover target. But just over 15 months later it’s fair to wonder if – after what turned ...

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