27.11.2020
Artikel Nummer: 34291
XPO poised for takeover
The British authorities have cleared the path for the anticipated acquisition of Drinkflow by XPO Logistics, but have not yet published the full text of the decision. The CMA started its supervision in September this year.
The Kuehne + Nagel Drinkflow Logistics Holdings is located in Milton Keynes, UK, and its logistics profile includes drinks logistics, food services and some retail businesses.
According to business data, the company generates USD 287 million in sales per annum. No details of the current transaction were disclosed. (sh)