Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
IKEA invests in Danish logistics company Mover Systems
September 24, 2020
In an attempt to streamline homedeliveries as well as reduce its environmental impact, IKEA has invested in the Copenhagen-based logistics company Mover Systems. IKEA has previously utilized Mover's services, although limited to within Denmark and thus the rationale behind the investment is to assist in Mover's international expansion. The investment was carried out through IKEA's own investment company Ingka Investments, for an undisclosed amount.
ⓘ This story was originally featured in our daily M&A Insights newsletter.
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