K+N buys Australian perishables specialist

Oceania

Thursday, February 02, 2012

Swiss freight forwarder Kuehne + Nagel has entered an agreement to take over the specialized Australian forwarder Link Logistics International Pty. Ltd. “We consider the acquisition of Link Logistics to be a further strategic step for the global expansion of our perishables logistics operations,” said Tim Scharwath, K+N’s executive vice president for air logistics, in a statement. “It will help accelerate our growth in this business segment and besides Europe we can...

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