Announced
Completed
Financials
Sources
Tags
Cross Border
Majority
Private
Single Bidder
United States
logistics services
Industrial Distribution
Friendly
Acquisition
Completed
Synopsis
DP World, a logistics company, completed the acquisition of CFR Rinkens, a specialized logistics service provider. Financial terms were not disclosed. "We are thrilled to welcome CFR Rinkens into the DP World family as we continue to deliver our strategy to provide innovative end-to-end logistics services to our clients. Our combined capabilities will empower our automotive clients to navigate the challenges presented by the industry’s shift to electric vehicles and the emerging green energy revolution,” Beat Simon, DP World Global Chief Commercial Officer, Logistics.
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