At the end of August 2022, A.P. Moller - Maersk completed the acquisition of LF Logistics, the Group’s most consequential acquisition to date.
This took A.P. Moller - Maersk’s logistics business to a revenue of almost USD 15bn as of the end of 2022 and increased the warehouse footprint to 6m sq. meters across more than 450 warehouses. It is a significant milestone in A.P. Moller - Maersk’s strategic ambition to connect and simplify its customers’ global supply chains by offering truly integrated end-to-end logistics.
Today, most of A.P. Moller - Maersk’s large customers see Asia Pacific as their key growth region. However, with a complex and diverse set of consumer markets in Asia, both Asian and Western firms have struggled to optimise their logistics costs, speed, and reliability across the region.
LF Logistics, with its Asia-Pacific wide footprint and industry-leading fulfilment capabilities, matches A.P. Moller - Maersk’s strategic intent to support customers’ supply chain needs end-to-end as a trusted partner in control of the assets. With this acquisition A.P. Moller - Maersk will have a very attractive omnichannel offering for its customers – all delivered by the same company, making it much easier for A.P. Moller - Maersk’s customers to reach the Asian consumer, whether they're shopping online from a desktop or mobile device, or in a brick-and mortar store.
This acquisition of LF Logistics will accelerate A.P. Moller - Maersk’s promise of connecting Asia – and the world.
For consumers, it means an ease of access to goods like they have never experienced before, with products from each corner of the world becoming more available and accessible.
For A.P. Moller - Maersk’s customers, it means having a reliable logistics partner that has in-depth operational expertise and a unique understanding of world markets and can deliver the scale and flexibility required in their supply chain in response to changing business needs.
For employees at A.P. Moller - Maersk, it offers opportunities to collaborate and deepen their knowledge in all aspects of fulfilment, and access to global opportunities for growth and career development.
A.P. Moller - Maersk has a substantial growth pipeline in front of it. To ensure that A.P. Moller - Maersk shape the most optimal organisation to drive this growth, the Group invested in a six-month period of learning and discovery to integrate the best of both organisations – covering people, processes, product offerings and technology platforms. The aim is a full integration by the end of Q1 2023.
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