Maersk to acquire LF Logistics for $3.6 billion

LF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract logistics solutions to customers in Asia-Pacific organised through two key business units - In-Country Logistics (ICL) and Global Freight Management (GFM).

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LF Logistics reported a revenue of around $1.3 billion and an adjusted EBITDA of around $235 million in 2020

LF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract logistics solutions to customers in Asia-Pacific organised through two key business units - In-Country Logistics (ICL) and Global Freight Management (GFM).

A.P.Mller-MrskLF Logistics Holdings LimitedTransportationLogisticsAviation NewsShipping

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