Kuehne + Nagel is expanding its South American perishables network by acquiring three companies that together handle about 75,000 tons of air export perishables annually.
Joining the global logistics company will be two Colombian companies — Translago S.A.S. and Agencia de Aduanas Excelsia — as well as Mastertransport S.A., of Ecuador.
Global expansion in the field of perishables logistics is an important element of Kuehne + Nagel’s five-year growth program. By acquiring the specialized forwarders in Colombia and Ecuador, Kuehne + Nagel gains access to two of South America’s key perishables export markets, and strengthens its position in the regional air freight markets.
Translago S.A.S. and Agencia de Aduanas Excelsia, headquartered in Bogota, employ 160 staff and are the market leaders in exports of flowers and other perishables, mainly to destinations in the United States, Europe and Asia Pacific. With 30 specialists, Mastertransport S.A. is an important player in this business segment in Ecuador.