HONG KONG's
Kerry Logistics Network Limited has announced the takeover of the
freight forwarding businesses of Bofill & Arnan, one of Spain's
oldest customs brokers and freight forwarders.
The
acquisition, part of Kerry's global strategy, will enhance logistics and
forwarding services in Spain with an accent on the China, Taiwan, and India
trade lanes, the company said.
Kerry
said it already provides a complete suite of freight forwarding solutions, from
air and sea freight, and customs brokerage, to door-to-door solutions in a wide
spectrum of industries.
It
said the additional businesses would further strengthen Kerry Logistics'
service offerings and network in Spain through the addition of its sales force
and two offices, one in Valencia, and one in Alicante.
"The
freight forwarding businesses of Bofill & Arnan will be integrated into our
existing network and will continue to be managed by Sebastian Bernardo, our
managing director in Spain," said Kerry's European managing director Thomas
Blank.
Following
the transaction, Kerry Logistics will be operating from four locations in
Spain, Madrid, Barcelona, Valencia and Alicante, "with complete service
coverage of major airports and seaports in the country."
"Spain
is home to some of the world's biggest fashion retailers and some of Kerry
Logistics' global key accounts," said the company statement.
Kerry
Logistics has more than 700 service locations in 41 countries and territories,
and is managing more than four million square metres of logistics facilities
worldwide.
Source
: HKSG.
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