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Tag / Acquisition

Panalpina expands footprint in Denmark

Panalpina expands footprint in Denmark

Press Releases   •   May 03, 2017 05:00 GMT

As part of its global growth strategy, Panalpina has acquired Carelog, a Danish freight forwarding and logistics company with a strong foothold in ocean freight and roots in the western part of Denmark. Carelog and Panalpina complement each other ideally in terms of geography, product strengths and customer mix.

Panalpina to acquire Kenyan freight forwarder specialized in perishables

Panalpina to acquire Kenyan freight forwarder specialized in perishables

Press Releases   •   May 02, 2017 20:30 GMT

International freight forwarding and logistics company Panalpina is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables. The move comes after Panalpina’s acquisition of Airflo in Kenya in 2016 and only two weeks after the company formally announced the launch of its global Perishables Network.

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Press Releases   •   Nov 05, 2015 06:00 GMT

Panalpina is to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specialized in the export handling of flowers and vegetables. Airflo is part of Dutch Flower Group (DFG), the world’s largest flower and plant trader. The acquisition reflects Panalpina’s continued expansion in Africa and its increasing focus on the perishables business.

Panalpina acquires its long-time Egyptian agent Afifi

Panalpina acquires its long-time Egyptian agent Afifi

Press Releases   •   May 29, 2015 05:00 GMT

Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.