A.P. Moller - Maersk Acquires HUUB
September 15, 2021
A.P. Moller - Maersk has acquired HUUB, a Portuguese cloud-based logistics start-up that provides an omnichannel fulfilment platform focused on the fashion industry. The deal — executed through Maersk’s venture activities — brings HUUB’s technology and talent into Maersk’s e‑commerce logistics offering while HUUB’s existing investors, including Maersk Growth, are exiting.
- Buyers
- A.P. Moller - Maersk, Maersk Growth
- Targets
- HUUB
- Sellers
- Maersk Growth, Existing HUUB investors
- Industry
- Logistics & Distribution
- Location
- Porto, Portugal
- Transaction Type
- Buyout
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