Kuehne + Nagel to acquire 75% of New Zealand-based Cooltainer
Following the acquisition of three South American airfreight forwarders specialised in perishables logistics in January, Kuehne + Nagel has now entered into an agreement to acquire 75% of the shares of New Zealand-based reefer operator, Cooltainer. Founded in 1967, Cooltainer, is headquartered in Christchurch and operates a dedicated branch network throughout Australia and New Zealand. Cooltainer provides a comprehensive door-to-door service for temperature-sensitive cargo in the South Pacific region, and successfully covers niche markets such as the Trans-Tasman and Pacific Islands trades. According to Peter Ulber, Kuehne + Nagel’s executive vice president of Sea & Air Logistics, New Zealand is of key importance for perishables exports to Australia and the South Pacific Islands, and Cooltainer’s activities ideally complement K+N’s operations in Australia and New Zealand. Quelle: eyefortransport |