China’s SF Holdings is reportedly in talks to acquire Kerry Logistics Networks, according to a Reuters report.
Referencing sources close to the matter, Reuters said that a deal proposal could be announced in the coming week.
Shares of Kerry Logistics rose approximately 25 percent on Thursday last week, giving the company a market cap of USD5.44 billion.
USA-headquartered JAS Worldwide has completed the acquisition of Greencarrier Freight Services International – the freight forwarding, logistics and supply chain management division of Greencarrier Group.
Gebrüder Weiss is taking over Istanbul-based 3S Transport & Logistics, effective January 1, 2022.
Dellner Bubenzer has acquired Hydratech Industries – a Denmark-based supplier of high-end hydraulic systems, cylinders and accumulators for wind, offshore, marine and other industry applications.
Robert Keen, director general of the British International Freight Association (BIFA), has been elected secretary general of the presidency of the International Federation of Freight Forwarders Associations (FIATA).
DNV plans to acquire industrial cyber security specialist Applied Risk.
Air charter brokerage Chapman Freeborn has appointed Malcolm Dsouza as its director, India.
