Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS-News / 20/12/2016 / 11:04 UTC+8
*Kerry Logistics Takes Over Bofill & Arnan's Businesses to Strengthen
Freight Forwarding Capabilities in Spain
*
Spain, 20 December 2016
*
*Kerry Logistics Network Limited ('Kerry Logistics' or the 'Company'; Stock
Code 636.HK), Asia's leading logistics service provider, today announced the
takeover of the freight forwarding businesses of Bofill & Arnan, S.A., one
of Spain's most established customs broker and freight forwarding companies
as part of its global development strategy.
Established in 1920, Bofill & Arnan, S.A. is a well-known logistics and
freight forwarding company in Spain with special focus on the China, Taiwan
and India trade lanes. It provides customers with complete suite of freight
forwarding solutions, from air/sea freight, customs brokerage to
door-to-door solutions in a wide spectrum of industries.
The additional businesses will further strengthen Kerry Logistics' service
offerings and network in Spain through the addition of sales force and two
offices in Valencia and Alicante, ensuring best-in-class supply chain
solutions are offered to a growing customer base.
"I am very pleased to welcome the freight forwarding team of Bofill & Arnan
to join the Kerry Logistics network. The combined resources and expertise
will significantly enhance our position and service capabilities in Spain
and expand our market reach. The freight forwarding businesses of Bofill &
Arnan will be integrated into our existing network and continued to be
developed by the experienced management team led by Sebastian Bernardo, our
Managing Director of Spain," said Thomas Blank, Managing Director of Europe,
Kerry Logistics.
Following the transaction, Kerry Logistics will be operating from four
locations in Spain including Madrid, Barcelona, Valencia and Alicante with
complete service coverage of major airports and seaports in the country.
Spain is the home to some of the world's biggest fashion retailers and some
of our global key accounts, Kerry Logistics will continue to invest in this
key market in Europe and strengthen its service capabilities and network,
ensuring best-in-class supply chain solutions are provided to its clients,
in particular in the fashion and lifestyle industry.
-END-
*About Kerry Logistics Network Limited (Stock Code 636.HK)
*Kerry Logistics is Asia's leading logistics service provider with extensive
operations across Greater China and the ASEAN region. Its core competence is
providing highly customised solutions to multinational corporations and
international brands to enhance their supply chain efficiency, reduce
overall costs and improve response time to market. It currently has more
than 700 service locations in 41 countries and territories, and is managing
45 million sq ft of logistics facilities worldwide, providing customers with
high reliability and flexibility to support their expansion and long-term
growth. Kerry Logistics Network Limited is listed on the Hong Kong Stock
Exchange and is a selected Member of the Hang Seng Corporate Sustainability
Index Series 2016-2017.
Document: http://n.eqs.com/c/fncls.ssp?u=AINOXIQGFR [1]
Document title: Kerry Logistics Takes Over Bofill & Arnan's Businesses to
Strengthen Freight Forwarding Capabilities in Spain
20/12/2016 Dissemination of a Press Release, transmitted by EQS Group.
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(END) Dow Jones Newswires
December 19, 2016 22:05 ET (03:05 GMT)
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