Kuehne+Nagel to Acquire 51% of IMC Logistics in Strategic Partnership
November 14, 2024
IMC Logistics, a U.S. marine drayage provider, announced a strategic partnership with Kuehne+Nagel under which Kuehne+Nagel will acquire 51% of the company. The parties expect the transaction to complete at the beginning of Q1 2025, subject to regulatory approvals and customary closing conditions, while IMC will continue operating with its existing leadership team.
- Buyers
- Kuehne+Nagel
- Targets
- IMC Logistics
- Industry
- Transportation
- Location
- Tennessee, United States
- Transaction Type
- Growth capital
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