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Maersk to acquire Swedish customs service specialist KGH Customs Services

Christian Fernsby ▼ | July 6, 2020
Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a specialist in trade and customs management services in Europe.
KGH Customs Services
KGH   KGH Customs Services
The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.

Topics: Maersk Swedish KGH Customs Services

Maersk plans to acquire KGH for a consideration of $ 279 million on a cash and debt-free basis equivalent.

Based in Gothenburg, Sweden, KGH has acted as an advisor to various authorities in the EU and the UK, providing consulting services and insight.

The company’s strategy is focused on digital solutions and technology, which corresponds to Maersk’s digital transformation.