As freight rates stabilize, geopolitical changes influence commercial and economic conditions that drive consolidation, mergers and acquisitions are positioning to reshape the global shipping industry.
The freight forwarder Forto could be the next company in line.
The Berlin-based company is working with Investment Bank Moelis & Co. for a merger or sale, according to reports by The Information. A person involved in the discussions said that the freight forwarder has contacted several competitors to discuss potential deals, although those conversations have been early-stage discussions and might not come to fruition. Forto has raised more than $600 million since its foundation in 2016.
Michael Wax, co-founder of Forto, who resigned last week as CEO, told The Information that “there was no ongoing process at the moment”.
Whether Forto secures a deal or not, macroeconomic factors indicate that 2025 could be a crucial year for transport and logistics M&A. With freight rates stabilizing …
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