Agility is in the market for a good-sized 3PL acquisition – an interest triggered by its ‘dance’ with Panalpina this year.
Essa Al-Saleh, chief executive of Agility’s GIL division, admitted he wasn’t sure whether Agility had been approached by Panalpina simply to force DSV to raise its offer, but revealed that the proposed deal had “whetted the appetite” for M&A.
“There were earnest efforts by stakeholders to pursue the deal,” he told …
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Source: The Loadstar