Hyundai Glovis buys Adampol

Korean logistics giant Hyundai Glovis has acquired 70 percent in Polish freight forwarding firm Adampol, Puls Biznesu reported. Adampol’s founder, Adam Byglewski, had been looking for an investor for a long time. Despite that, negotiations with the Korean took more than a year, partly due to the Ukraine crisis. Hyundai Glovis has been cooperating with Adampol as a customer for the past seven years.