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Kuehne+Nagel Considers Options for Apex Logistics
23 Jul
Summary
- Kuehne+Nagel is exploring strategic options for its Apex Logistics unit.
- Apex Logistics is an Asia-focused freight forwarding business.
- One option being considered is selling a 20% stake in Apex Logistics.
Kuehne+Nagel International AG is currently evaluating strategic directions for its Apex Logistics division. This unit, recognized for its operations as an Asia-focused freight forwarder, is the subject of deliberation.
Sources familiar with the matter indicate that Kuehne+Nagel has engaged potential advisors. These discussions are aimed at exploring various avenues for Apex Logistics.
One significant option under consideration involves the sale of a portion of the business. Specifically, a stake of roughly 20% in Apex Logistics is being contemplated.
The company's internal review suggests a willingness to consider significant changes to its ownership structure for this key operational segment.
