Kuehne + Nagel acquires Dutch forwarder
Kuehne + Nagel, the Swiss forwarding and logistics group previously known as Kuehne & Nagel, has taken over Dutch freight forwarder Nether Cargo Services B.V. Terms of the acquisition were not disclosed.
The Swiss group said the acquisition enables Kuehne + Nagel to extend its services in the perishables business and strengthen its position in the local air freight market. Nether Cargo Services B.V. is based at Amsterdam’s Schiphol Airport and has branch offices in Rotterdam and Aalsmeer.
Established in 1990, the company had revenues of more than 30 million euros ($36 million) in 2003 and a staff of 55. It handled around 37,500 tons of air freight, its core business, and is specialized in the shipment of perishables, especially flowers and vegetables.
Kuehne + Nagel has about 20,000 employees worldwide.
