Deutsche Post DHL Group to acquire J.F. Hillebrand Group
Deutsche Post DHL Group (?DPDHL?) has signed an agreement to acquire up to 100 percent of J.F. Hillebrand Group AG (?Hillebrand?) and its subsidiaries at an equity value of around ?1.5 billion. Hillebrand generated revenue of around ?1.4 billion in the last twelve months, will ship 500,000 TEUs in 2021, and has more than 2,700 employees worldwide.?
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