Schindellegi (Switzerland) - The logistics company Kuehne + Nagel has acquired the logistics operations of Wira Logistics, a leading Indonesian logistics company.
This acquisition, says the German company in a press release, will strengthen Kuehne + Nagel’s nationwide warehousing and distribution network in Indonesia.
Gianfranco Sgro, member of the Managing Board of Kuehne + Nagel International AG, responsible for contract logistics, says: “Indonesia is arguably the most important internet market in South East Asia in terms of its sheer size, emerging middle class and digitally savvy population. With this acquisition we can leverage our global eCommerce strategy. At the same time it allows us to strengthen our Contract Logistics footprint in Asia and our position as a leading logistics service provider. The tightened domestic network will further enhance our value proposition of providing fully integrated end-to-end logistics solutions to our customers across Indonesia.”