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Kerry Logistics takes over French air freight specialist

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Kerry Logistics takes over French air freight specialist

March 7, 2024 by PLA Editor

Kerry Logistics Network posts 30% growth in revenue core net profit increased by 33%

Kerry Logistics Network posts 30% growth in revenue core net profit increased by 33%

Kerry Logistics Network has acquired a majority stake in French forwarder Business By Air SAS or BBA, which is expected to strengthen the company’s position in the EMEA region.

BBA has been KLN’s agent in France since 2016, and the upstream supply chain specialist provides air freight services for different industry verticals including automotive, aerospace and pharmaceutical, with an established presence in the African market.

Apart from multimodal freight forwarding, customs clearance and nationwide trucking, the French forwarder also offers supply chain solutions covering express, on-board couriers, project cargo, as well as logistics solutions for fine arts, perishables and personal effects.

Founded in 1978 the company is headquartered in Roissy-en-France, with four other offices in Orly, Nice and Le Havre, as well as an office in Pointe-à-Pitre, Guadeloupe.

“The acquisition is a natural progression in our strategic pursuit of enhancing our IFF service offerings in the EMEA region,” said Vic Cheung, Group Managing Director of Kerry Logistics Network.

“We are looking forward to the synergies created between KLN’s ocean freight capabilities and BBA’s air freight expertise, and the extension of our service into the niche verticals of fine arts and perishables, which will further boost our global coverage and competency to offer comprehensive and flexible solutions to customers.”

Other Topics: air cargo network, air express, air freight services, air logistics, Asia Pacific air cargo, Asia Pacific air freight, Asia Pacific air logistics, Asia Pacific shipments, cargo flights, e-commerce logistics, express delivery, express logistics, international air shipments, international express delivery, transpacific air cargo, transpacific air freight

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