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Announced

A.P. Moller - Maersk to acquire KGH Customs Services from Bridgepoint Development Capital for $279m.

Financials

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Transaction Value£222m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.9x
EV/EBITDA16.3x
Share Price Premium-
One Off Charge-

Tags

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trade and customs

Majority

Pending

customs solutions

Single Bidder

Acquisition

Friendly

Sweden

Private

Diversified Financials

Private Equity

Cross Border

Disposal

Synopsis

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A.P. Moller - Maersk, a Danish integrated shipping company, agreed to acquire KGH Customs Services, a European provider of customs and trade solutions, from private equity fund Bridgepoint Development Capital for $279m. "With Maersk, we will have a long-term home with a company that share our values. By joining forces, we will be able to continue to build on the great success our teams have achieved, and at the same time play a key role in a combined entity providing a range of different services within the transportation and logistics industry. Customs services is an essential part of our customers’ end-to-end needs which we in unison with Maersk will be able to provide with seamlessness and global reach," Lars Börjesson, KGH Customs Services CEO.

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