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Partners Group Private Equity Ltd on Thursday said it is exiting its minority stake in global logistics provider Apex Logistics. Partners Group Private Equity is an investment holding company that backs private equity direct investments. It is managed by Partners Group AG, a Swiss-listed private markets investor. Partners Group said the transaction values Apex Logistics at an enterprise value of over $4 billion. The sale is scheduled to close in 2025. Apex Logistics has 48 sites worldwide and serves over 20,000 customers in over 70 countries, Partners Group said. Partners Group will sell its 24.9% stake in Apex Logistics to majority shareholder Kuehne & Nagel International AG, a Schindellegi, Switzerland-based logistics company. Kuehne & Nagel on Thursday said it is launching a cost reduction programme ‘to mitigate challenging market environment’. The company said the cost cuts will come in the form of ‘structural and sustainable measures’. ‘Productivity is to be increased in the long term through process optimisation in central functions and markets, as well as greater use of automation and shared service centres,’ it said. In the third quarter of 2025, net profit fell 39% to fr.206 million, around $258.3 million, from fr.339 million a year prior. Earnings before interest and tax fell 37% to fr.285 million from fr.455 million. Revenue declined 6.8% to fr.6.04 billion from fr.6.49 billion. Partners Group shares were flat at 926.00 pence each on Thursday afternoon in London, while Kuehne & Nagel shares were up 0.2% at fr.155.55 each in Zurich. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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