Swiss logistics giant Kuehne + Nagel acquired three South American companies, expanding its perishables transportation and logistics network.
The company acquired Translago and Agencia de Aduanas Excelsia of Colombia and Mastertransport of Ecuador. Terms of the transactions were not released.
By The Numbers: U.S. Imports of Fresh Bananas and Plantains.
The acquisitions give Kuehne + Nagel access to two key export markets for perishables in South America and strengthen its regional air freight business.
The South American companies specialize in transporting flowers and other perishable goods to the U.S., Europe and Asia, Kuehne + Nagel said.
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