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News briefsKuehne+Nagel buys a Chinese freight company
Kuehne+Nagel, the European logistics group registered in Luxembourg, has entered into a binding agreement to acquire a Chinese freight forwarder, Apex International Corporation. No financial details were released. Apex was founded in 2001 and has about 1,600 employees. It generates yearly revenues in excess of €1.9 billion. In 2020, the ...
