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K&N MANAGEMENT PROMOTES SALE OF SHARES

K&N MANAGEMENT PROMOTES SALE OF SHARES

   Senior management of Swiss group Kuehne & Nagel have commenced a tour of major European financial centers to promote the placement of shares in the group to outside investors.

   Executives of Kuehne & Nagel are conducting a “road show” to present the group to potential investors. The tour will include corporate presentations of the group in Switzerland, the United Kingdom, Germany and France.

   Kuehne & Nagel recently announced a plan to sell shares in the group to finance future acquisitions, particularly in North America.