ZIM Integrated Shipping Services to Seek Acquisitions
August 18, 2021 at 08:00 am EDT
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) will look for acquisitions. Xavier Destriau, Chief Financial Officer said, “Talking about the M&A and it goes along with our capital allocation. We are looking at options to potentially acquire smaller shipping lines that would operate in the regions where, first of all, we already have a very strong footprint and where we also potentially see a potential for growth that is significant”.