Kerry Logistics has completed the acquisition of its former joint-venture, Kerry Salvat Logistics, through a buy-out of the remaining shares from its partner Salvat Logistica.
“In the light of the economic downturn in Spain, we are eager to help our customers to reach out to China and other Asian markets. A dedicated Spanish division has been set up by Kerry Logistics in Shanghai to support Spanish brands wanting to expand their sales in China,” said Sebastian Bernardo, general manager, Kerry Logistics (Spain).