UPS reportedly eyeing Korea’s Logen
UPS may be looking to buy South Korean logistics firm Logen, according to local news sources – but the company has not confirmed the reports. An article published by the Korea Herald today (26 April) said that the global integrator may be looking to buy the company from Baring Private Equity Asia. However, there has been no official confirmation from any of the companies involved.
Logen is one of the Korea’s top-five logistics players, measured in terms of volume.
