A P Moller - Maersk (Maersk) has completed its acquisition of LF Logistics, a Hong Kong-based contract logistics company with a strong focus on omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region. The company will be rebranded to Maersk.
“Maersk in Asia has historically been primarily focused on ocean transportation out of Asia and related logistics services, transporting and managing goods manufactured in Asia for consumer markets in the West and beyond,” said Ditlev Blicher, Maersk’s regional managing director of Asia Pacific.
“With the addition of LF Logistics, Maersk is able to better service the important and fast-growing consumer markets in Asia. LF Logistics’ expertise in omnichannel fulfilment positions us well with the global e-commerce market,” he added.
The acquisition will add 223 warehouses to Maersk’s existing portfolio, bringing the total number of facilities to 549 globally, spread across 9.5 million square metres.
LF Logistics employs 10 000 people and specialises in B2B and B2C distribution solutions within retail, wholesale, and e-commerce.