Maersk to acquire Swedish customs service specialist KGH Customs ServicesChristian 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 KGH Customs Services
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. ■