Independent journal on economy and transport policy
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Maersk completes the acquisition of LF Logistics in Hong Kong
With the transaction, the Danish group's warehouse portfolio rises to 549 facilities
August 31, 2022
With the 223 warehouses of LF Logistics, the total portfolio of logistics facilities of the Danish group will rise to 549 warehouses worldwide for a total area of 9.5 million square meters.
As part of the transaction with LF Logistics, the Maersk Group has signed a strategic partnership agreement with Li & Fung for the development of end-to-end global supply chains, with Li & Fung focusing on the supply chain at mountain and Maersk on the one downstream.
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