“Kuehne + Nagel enters into a definitive agreement to sell a major part of its UK contract logistics portfolio to XPO Logistics. The scope of the transaction includes the drinks logistics, food services and retail & technology businesses. These operations generated a turnover of approximately Sfr750m in 2019 and are supported by 7,500 employees.” – Kuehne + Nagel (K+N), 9 March 2020.
Unlucky: we were told that both parties have agreed …
The post On the wires: Why K+N’s ‘CL’ deal with XPO makes sense for both parties appeared first on The Loadstar.
Source: The Loadstar
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