Announced
Synopsis
Partners Group, a private equity firm, agreed to acquire a 24.9% stake in Apex International, an integrated logistics solutions provider. Financial terms were not disclosed. "Apex is a leading player in the China cross-border freight forwarding market, with a growing international presence and significant potential for further expansion. We have long admired the Company and its management team and are excited to be able to contribute to its future growth. Similarly, we are delighted to partner with Kuehne+Nagel, one of the world's longest-established logistics companies, blending private equity with leading logistics industry expertise," Marcel Erni, Partners Group Co-Founder.
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