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.