Maersk to acquire LF Logistics for $3.6 billion
LF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract logistics solutions to customers in Asia-Pacific organised through two key business units - In-Country Logistics (ICL) and Global Freight Management (GFM).
BY Our Correspondent22 Dec 2021 8:08 AM GMT
![LF Logistics reported a revenue of around $1.3 billion and an adjusted EBITDA of around $235 million in 2020 LF Logistics reported a revenue of around $1.3 billion and an adjusted EBITDA of around $235 million in 2020](https://www.itln.in/itlnbackend/assets/uploads/1214.png)
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Our Correspondent22 Dec 2021 8:08 AM GMT
LF Logistics is a Hong Kong-based private company owned by Li & Fung (78.3 percent) and Temasek Holdings (21.7 percent) focused on providing contract logistics solutions to customers in Asia-Pacific organised through two key business units - In-Country Logistics (ICL) and Global Freight Management (GFM).
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