K+N said the acquisition of Trillvane Ltd Kenya, a perishables specialist, will enable it strengthen its position in perishables’ operations between Kenya and Europe, especially to the UK.
The move, which is subject to regulatory approval, is set to boost Kenya’s long-running bid to sidestep middlemen in favour of direct export of fresh produce.
The Swiss firm has also bought Los Angeles-based Commodity Forwarders, adding 150,000 tonnes of perishables capacity to Kuehne’s network.
Swiss logistics firm Kuehne + Nagel (K+N) has acquired Kenya-based forwarder specialising in the export of flowers and vegetables to multiple destinations for an undisclosed amount.
K+N said the acquisition of Trillvane Ltd Kenya, a perishables specialist, will enable it strengthen its position in perishables’ operations between Kenya and Europe, especially to the UK.
The move, which is subject to regulatory approval, is set to boost Kenya’s long-running bid to sidestep middlemen in favour of direct export of fresh produce.
“With its 130 employees Trillvane is specialised in the export of flowers and vegetables. Its location at the Jomo Kenyatta International Airport in Nairobi provides easy and quick access to all major airlines allowing for later cut-offs and shorter transit times leading to both cost savings and optimal handling of temperature sensitive goods,” the firm said in a statement.
The Swiss firm has also bought Los Angeles-based Commodity Forwarders, adding 150,000 tonnes of perishables capacity to Kuehne’s network.
“The two acquisitions mark another important step in our global perishable logistics strategy,” said Yngve Ruud, member of the management board of Kuehne + Nagel International AG, responsible for airfreight logistics.
“These two transactions further strengthen and expand our fresh chain network connecting key production countries to major consumer markets.”
