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
Location
Porto, Portugal
Transaction Type
Buyout

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