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KUEHNE & NAGEL ACQUIRES ITALIAN LOGISTICS FIRM

KUEHNE & NAGEL ACQUIRES ITALIAN LOGISTICS FIRM

   Kuehne & Nagel's Italian subsidiary has acquired Milan based Logistics Srl, in a move to expand its contract logistics capabilities.

      Logistics Srl specializes in warehousing and distribution with a staff of 45 people, and manages 25,000 square meters of warehouse space.

   'Our customers in Italy and other markets will benefit from the possibility of a single source provider of high value logistics and supply chain management services,' said Filiberto Metta, managing director of Kuehne & Nagel SpA.