LF logistics

Retail Asia29/11/2022

The world’s largest container shipping line Maersk and U.S. express delivery company FedEx are seeking to enter Vietnam’s e-commerce logistics market. Ditlev Blicher, regional managing director for Asia-Pacific, A.P. Moller – Maersk (Maersk), was in the country this week, three months after the Danish company spent US$3.6 billion on acquiring Hong Kong firm LF Logistics. […]

Retail Asia20/09/2022

Maersk completed its US$3.6b acquisition of LF Logistics in late August, taking control of the Hong Kong-based contract logistics company, which will now be rebranded to Maersk. Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF […]

Retail Asia25/07/2019

Temasek Holdings has invested US$300 million (S$406.1 million) for a a 21.7 per cent stake in Hong Kong-based global supply chain giant Li & Fung’s logistics business. The injection from Singapore’s state investment company wil value the business, LF Logistics, at approximately US$1.4 billion. Li & Fung said that as a result of Temasek’s investment, […]

Retail Asia22/07/2019

Li & Fung Limited (“Li & Fung,” “the Group,” or “the Company;” SEHK: 494), the world’s leading supply chain solutions partner for consumer brands and retailers, today announced it has entered into a Subscription Agreement with Temasek, the Singapore-headquartered investment company (“Temasek”), for a cash consideration of US$300 million for approximately 21.7% stake of its […]

Retail Asia03/05/2016

LF Logistics has opened a 1-million-square-foot logistics facility in Singapore, the largest automated and customs bonded distribution warehouse in the city state that will target surging e-commerce growth in Asia. The nine-story center is located in West Jurong and is the company’s largest distribution facility in Southeast Asia, able to store up to 130,000 pallets […]

Tag: LF logistics

Global giants eye Vietnam e-commerce logistics market

Hong Kong-based LF Logistics now part of Maersk

Singapore’s Temasek Takes Stake in LF Logistics

Li & Fung announces investment of US$300 million by Temasek in LF Logistics

LF Logistics opens giant Singapore e-commerce facility