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Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America

Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America

Press releases   •   Apr 24, 2019 15:30 GMT

Panalpina continues to expand its Perishables Network in South America through the acquisition of CargoMaster S.A. in Colombia, and its subsidiary, Laseair S.A., in Ecuador. CargoMaster is one of Latin America’s largest companies specialized in the air freight export of perishables, mostly of flowers to the US.

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.