Wednesday 18th Sep 2019 - Logistics Manager Magazine

K+N acquires Panatlanic Logistics


Third party logistics provider Kuehne + Nagel has acquired an Ecuador-based perishables business specialising in air transport of flowers and fruits named Panatlantic Logistics.

K+N wins contract with Assa Abloy UKThe combination Kuehne + Nagel’s current business portfolio and Panatlantic’s will account for 32,000 tons air export perishables per annum out of Ecuador, strengthening K+N’s position in the export market to the US, Europe and the Asia-Pacific region.

“We are very proud to become part of the Kuehne + Nagel Group,” said Panatlantic Logistics CEO Raúl Aragundi.

“By joining forces we will co-create an enormous potential of opportunities for our customers. Our strong and reliable market position in Ecuador will add and generate new and multiple chances for growing perspectives and services.”