A.P. Moller - Maersk Acquires Performance Team

February 20, 2020

A.P. Moller - Maersk has agreed to acquire El Segundo, California-based logistics provider Performance Team for $545 million, with the deal expected to close by April 1, 2020. The acquisition expands Maersk's North American warehousing, fulfillment and inland transportation capabilities, adding significant warehouse footprint and e-commerce fulfillment capacity to its end-to-end supply chain offering.

Buyers
A.P. Moller - Maersk
Targets
Performance Team
Location
California, United States
Transaction Type
Buyout

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