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.
Peak Group and deugro group have formed K2 Project Forwarding to serve the logistics requirements of the Norwegian market.
Fagioli has established a partnership with Integrated Logistics Company to cover the markets in Kuwait and Qatar.
Gebrüder Weiss plans to take over the business of Rhenus Bulgaria – expanding its presence in southeast Europe.
Specialized Business Media will hold a High & Heavy trade show, featuring a sustainable projects conference, from March 2-3, 2022, at the Fairmont Hotel Vancouver in Canada.
ProMiles Software Development Corporation has appointed Steven Todd as executive vice president, permitting.
Energy and marine consultancy group AqualisBraemar LOC has appointed David Duffy as its country manager for the UAE.
