Cathy Chan and Manuel Baigorri

Business, Logistics, Top 50

Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal

Trucks and trailers at the Kuehne + Nagel International AG logistics center in Haiger, Germany. Trucks and trailers at the Kuehne + Nagel International AG logistics center in Haiger, Germany. (Alex Kraus/Bloomberg News)

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.

February 22, 2021