Logent Group to acquire HUB logistics.

Logent Group, a company specialising in logistics operations, transport management and customs, agreed to acquire HUB logistics. Financial terms were not disclosed. "We have been monitoring HUB for many years and the combination of the two companies is a perfect match. HUB shares our commitment to continuous development and strict focus on customer value. In addition, the acquisition adds a diversified customer base of blue-chip companies to Logent’s portfolio. The combined capabilities of the two groups will further strengthen the position as a contract logistics champion in Northern Europe. We are excited to welcome all HUB employees to the Logent Group," Joel Engström, Logent Group CEO.