Panalpina has announced it will acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specialised in the export handling of flowers and vegetables. Airflo is part of Dutch Flower Group (DFG), a major flower and plant trader. The acquisition reflects Panalpina’s continued expansion in Africa and its increasing focus on the perishables business. Panalpina World Transport Ltd. will acquire a majority stake in Airflo from DFG, subject to conditions. The two companies … [Read more...] about Panalpina to acquire specialised perishables freight forwarder