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The perishable logistics sector enjoyed another massive deal, unveiled last week, when Americold announced that it agreed to acquire Agro Merchants Group from its private equity owners led by Oaktree Capital Management.
We have bragging rights; so here’s a quick recap of the deal’s main features, ahead of what could be more deal-making in the space as soon as this year given the short M&A odds and massive investor appetite for Covid-defensive supply chain assets and verticals. Stay tuned.
Transformative
The $1.74bn price ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Hong Kong drops out of world's top 10 busiest container ports
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
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