Kuehne + Nagel makes two acquisitions

Kuehne + Nagel has successfully completed the acquisition of Worldwide Perishable Canada Co. (WWP) and Jöbstl Group.
WWP is one of the largest freight forwarders in Canada and a top player for perishables cargo being the market leader in tuna export.
“Perishables logistics is one of our strongest growth drivers at Kuehne + Nagel. Thus, we have been continuously investing in the expansion of our dedicated network: through selected acquisitions and by connecting key production countries to major markets. Setting up global certified standards which are reflected in our KN FreshChain solution, has further strengthened our perishables network worldwide, making it the largest in the industry,” Greg Martin, Regional Airfreight Manager Kuehne + Nagel North America said.
Jöbstl is a medium-sized logistics enterprise headquartered in Austria.
“By adding the Jöbstl Group portfolio to ours, we are able to offer more services to the customers in the region, as well as further develop our overland network strategically. With over 130 overland branch offices throughout Europe, Kuehne + Nagel is already connecting all markets in the region. By integrating the Jöbstl network, transport operations and in particular connections to neighbouring countries will be further strengthened while increasing frequency of depatures and shortening leadtimes. Expecially medium-sized companies will benefit from our expanded portfolio of offerings,” Uwe Hött, Senior Vice President Overland Europe at Kuehne + Nagel said.

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