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Scan Global Logistics, the world's leading freight forwarder, was listed for sale at an estimated $1.5 billion

author:One Shipping

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According to the latest information from One Shipping, Scan Global Logistics, a well-known freight forwarder in the industry, ranked 43rd in the global air freight forwarding and 47th in the sea freight, was recently exposed to be listed for sale by the holder and private equity company AEA Investors, with a target price of about 1.5 billion US dollars!

Owner to sell Scan Global Logistics

Scan Global Logistics, the world's leading freight forwarder, was listed for sale at an estimated $1.5 billion

According to European media outlet InsideBusiness, AEA Investors, the logistics giant's current holder and a well-known private equity firm, has hired Barclays Bank of the United Kingdom to help sell freight forwarder Scan Global Logistics.

Copenhagen, Denmark-based Scan Global Logistics may soon change hands from its current owner, private equity firm AEA Investors.

Scan Global Logistics is expected to sell at a price of more than DKK 10 billion (US$1.5 billion), and like many other companies in the industry, Scan Global Logistics as a whole has performed extraordinaryly in both business and revenue over the past two years due to the global supply chain crisis caused by the COVID-19 pandemic.

Scan Global Logistics, the world's leading freight forwarder, was listed for sale at an estimated $1.5 billion
Scan Global Logistics, the world's leading freight forwarder, was listed for sale at an estimated $1.5 billion

▲Scan Global Logistics official introduction

According to One Shipping, Scan Global Logistics was formed by the merger of Scanam Transport (acquired by BWB Partners in 2006) and Mahé Freight (merged in 2007) and other investments. It was subsequently sold by BWB Partners to current holder AEA Investors in 2016. The latter then merged its operations with Seattle-based freight forwarder TransGroup Worldwide Logistics.

Scan Global Logistics, the world's leading freight forwarder, was listed for sale at an estimated $1.5 billion

▲ AEA acquired Scan Global at the trough of the industry in 2016 and sold six years later

With the global logistics market in the supply and demand imbalance and high freight rates to help the profitability of the sharp increase, profitable shipping companies began to frantically acquire the pace, and some freight forwarding enterprise holders, but also showed a high level of sale, profit exit mentality.

Allan Melgaard, the current CEO of Scan Global Logistics, also holds a significant stake in the company, but in the face of the media, he declined to comment on the sale.

For the latest global rankings of Scan Global Logistics, you can click on the link: The rankings of the "Top 50 Sea Freight" and "Top 50 Air Freight" of global freight forwarders are released

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