Maersk completes KGH acquisition

A.P. Moller – Maersk (Maersk) has completed the acquisition of KGH Customs Services, a pan-European customs services provider, as it looks to strengthen its capabilities as an integrated container and end-to-end logistics company.

In a statement, Karsten Kildahl, Regional Managing Director of Maersk in Europe, said he was “very pleased” to “officially welcome KGH into the Maersk family”.

“The integration process now begins and we are now very excited to start working together and start learning from one another”.

The deal was initially announced in July 2020 and at the time Maersk described KGH’s expertise across freight modes, knowledge of selected industries and innovative technology will improve its overall offering within customs services.

“The whole KGH team is looking forward to closely collaborating with our new Maersk colleagues on providing a range of different services within the transportation and logistics industry as one combined entity,” said Lars Borjesson, CEO of KGH Customs Services.

During the remainder of 2020, Maersk and KGH teams will work together on establishing a joint operating model and optimal structure to serve their customer base going forward. Customers will meanwhile continue to interact with their current contacts in both organisations and enjoy the usual level of service.

Borjesson will going forward lead the combined customs related activities of both KGH and Maersk in Europe.

https://www.porttechnology.org/news/maersk-completes-kgh-acquisition/