DP World completed the acquisition of syncreon from GenNx360, Beringea and Centerbridge for $1.2bn.

DP World, a provider of worldwide smart end-to-end supply chain logistics, completed the acquisition of syncreon, a global logistics provider, from GenNx360, Beringea and Centerbridge for $1.2bn. “We are delighted to announce the acquisition of syncreon, which adds significant strategic value to DP World given its strong logistics solutions capability, and will allow DP World to deliver end-to-end solutions to cargo owners," Sultan Ahmed Bin Sulayem, DP World Chairman and CEO.