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Geodis boosts Asia-Pacific e-commerce footprint with Keppel Logistics acquisition

$80 million acquisition expected to be completed by end of Q2

Kelly StrohbyKelly Stroh
March 31, 2022
in Archive
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France-based forwarder Geodis signed an agreement to acquire Singapore-based forwarder Keppel Logistics, strengthening its position in the Asia-Pacific e-commerce market. The $80 million transaction includes Keppel Logistics’ businesses in Singapore, Malaysia and Australia, as well as its omnichannel e-commerce service UrbanFox, according to today’s release from Keppel Logistics. Following the acquisition by Geodis, Keppel Logistics […]

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