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A.P. Moller - Maersk（马士基）宣布以 36 亿美元的价格完成对总部位于香港的合同物流公司利丰物流的收购。
A.P. Moller - Maersk (Maersk) has announced the completion of its acquisition of LF Logistics, a Hong Kong-based contract logistics company in a deal valued at US$3.6 billion.
A.P. Moller - Maersk（马士基）宣布以 36 亿美元的价格完成对总部位于香港的合同物流公司利丰物流的收购。
Maersk said as part of the deal, LF Logistics — which offers capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region — will be rebranded to the Maersk brand.
马士基表示，作为交易的一部分，在亚太地区提供全渠道履行服务、电子商务和内陆运输能力的利丰物流将更名为马士基品牌。
"Maersk in Asia has historically been primarily focused on ocean transportation out of Asia and related logistics services. Transporting and managing goods manufactured in Asia for consumer markets in the West and beyond. With the addition of LF Logistics, Maersk gains unique and best-in-class capabilities to serve the important and fast-growing consumer markets in Asia," said Ditlev Blicher, regional managing director of Asia Pacific at A.P. Moller - Maersk.
“马士基在亚洲历来主要专注于亚洲以外的海运和相关物流服务。为西方及其他地区的消费市场运输和管理在亚洲制造的商品。随着利丰物流的加入，马士基获得了独特和最佳的A.P. Moller - Maersk 亚太区区域董事总经理 Ditlev Blicher 表示：
End-to-end logistics goal
终端到终端物流目标
"Furthermore, LF Logistics' expertise in omnichannel fulfilment positions us well with the global e-commerce market," Blicher added.
“此外，利丰物流在全渠道履行方面的专业知识使我们在全球电子商务市场中处于有利地位，”Blicher 补充道。
LF Logistics specialises in B2B and B2C distribution solutions within retail, wholesale, and e-commerce and Maersk noted that this will be a "strong base" for the company to expand within Asia-Pacific and globally.
利丰物流专注于零售、批发和电子商务领域的 B2B 和 B2C 分销解决方案，马士基指出，这将成为公司在亚太地区和全球扩张的“强大基础”。
Joseph Phi, Group CEO of Li & Fung and CEO of LF Logistics noted that Maersk's global presence provides an "ideal platform" for LF Logistics' next phase of expansion.
利丰集团首席执行官兼利丰物流首席执行官 Joseph Phi 指出，马士基的全球业务为利丰物流下一阶段的扩张提供了“理想平台”。
Following the acquisition, Maersk said it will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF Logistics had 223 warehouses end of 2021.
收购完成后，马士基表示将在现有投资组合中增加 223 个仓库，使全球设施总数达到 549 个，总面积达 950 万平方米。截至 2021 年底，利丰物流拥有 223 个仓库。
"LF Logistics, with its Asia-Pacific wide footprint and industry-leading fulfilment capabilities, matches Maersk's strategic intent to support customers' supply chain needs end-to-end as a trusted partner in control of the assets," the Danish shipping company said in its announcement.
丹麦航运公司表示：“利丰物流凭借其在亚太地区的广泛足迹和行业领先的履行能力，符合马士基作为资产控制方面值得信赖的合作伙伴端到端支持客户供应链需求的战略意图。”在其公告中。
The value of the transaction is US$3.6 billion (enterprise value) post-IFRS 16 lease liabilities, reflecting a pre-synergy EV/EBITDA multiple of 14.2x based on actual EBITDA for the full-year 2021 for the in-country logistics business.
交易价值为 36 亿美元（企业价值）后 IFRS 16 租赁负债，反映了基于 2021 年全年国内物流业务实际 EBITDA 的 14.2 倍的协同效应前 EV/EBITDA 倍数。
Maersk noted that driven by the organic growth and commercial synergies, it is expected that revenue and EBITDA in the in-country logistics business will more than double by the end of the full-year 2026.
马士基指出，在有机增长和商业协同效应的推动下，预计到 2026 年全年，国内物流业务的收入和 EBITDA 将翻一番以上。
In addition, an earn-out with a total value of up to US$160 million related to future financial performance has been agreed upon as part of the transaction.
此外，作为交易的一部分，与未来财务业绩相关的总价值高达 1.6 亿美元的收益已达成一致。
Maersk-Li Fung partnership
马士基-利丰合作伙伴关系
"As part of the transaction to acquire LF Logistics, Maersk has entered a strategic partnership with Li & Fung to develop a comprehensive range of end-to-end global supply chain services with Li & Fung focusing on the upstream supply chain and Maersk focusing on the downstream supply chain," Maersk announced.
“作为收购利丰物流交易的一部分，马士基与利丰建立了战略合作伙伴关系，以开发全方位的端到端全球供应链服务，利丰专注于上游供应链，马士基专注于下游供应链，”马士基宣布。
Further, following separate regulatory approvals, the parent company of Li & Fung is expected to retain and continue to build the carved-out GFM business.
此外，在获得单独的监管批准后，利丰的母公司预计将保留并继续建立分拆的 GFM 业务。
Maersk first announced that it has reached an agreement to acquire LF Logistics in December 2021.
马士基首次宣布已于 2021 年 12 月达成协议，收购利丰物流。
