Kuehne & Nagel (K&N) has announced that it has followed up the acquisition of three South American airfreight forwarders specialised in perishable logistics by moving to acquire 75 per cent of the shares in reefer operator Cooltainer.
The group, located in New Zealand, brings with it 'in-depth knowledge and experience' in handling perishable logistics, with its team operating a dedicated branch network throughout Australia and New Zealand.
Covering niche markets including the Trans-Tasman and Pacific Island trades, Cooltainer provides a comprehensive door-to-door service for temperature sensitive cargo, including fresh produce.
'New Zealand is of key importance for perishables exports to Australia and the South Pacific Islands,' said Peter Ulber, executive vice-president sea and air logistics at K&N. 'We are very pleased to join forces with Cooltainer to further strengthen our regional market position through this strategically focused product offering.'
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