Ballard Spahr Represents Visible Supply Chain Management in $838 Million Acquisition
Ballard Spahr represented Visible Supply Chain Management in its acquisition by integrated container logistics company A.P Moller-Maersk, the world’s largest container shipping and vessel operator.
Visible Supply Chain Management operates nine fulfillment centers across the United States. It handles 200,000 orders a day and 200 million packages a year and reaches 75 percent of the country within 24 hours and 95 percent of within 48 hours. Its acquisition will enable A.P. Moller – Maersk greater access to the North American Market. The transaction has an enterprise value of $838 million.
Salt Lake City-based Business and Transactions Partner Todd A. Reece led the 21-member Ballard Spahr team, which included Real Estate Senior Counsel Jeffrey R. Davine in Denver, Business and Transactions Associate Joshua A. Bobich in Minneapolis, and 18 other members in the firm’s Denver, Minneapolis, Philadelphia, and Phoenix offices.
For further information, please visit A.P. Moller – Maersk’s press release.
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