Monday, July 18, 2011

Kuehne and Nagel Expand Road Freight and Logistics Operation in Brazil

Group purchase Grupo Eichenberg
Shipping News Feature

BRAZIL – Logistics group Kuehne + Nagel is to take over the Grupo Eichenberg freight group. The move will allow K+N to provide integrated door-to-door logistics throughout Brazil by utilising Grupo Eichenberg’s fourteen facilities throughout the country.

Karl Gernandt, Chairman of the Kuehne + Nagel International AG said:

“This acquisition is in line with our global growth strategy and ideally fits our objective to significantly expand our activities in particular in Brazil, one of the world’s key growth markets. Grupo Eichenberg complements the service offering and customer base of our strongly performing national company. Together, we are able to increase our value proposition by providing global integrated door-to-door solutions in Brazil.”

Porto Alegre-headquartered Grupo Eichenberg is a leading road haulage operator in Brazil and operates daily services to and from Argentina, Chile and Uruguay. The company also has a strong presence in the Brazilian airfreight forwarding market.

“In a dynamically growing market, companies from industry and trade are looking for global logistics solutions, allowing them to create value and increase competitive advantage,” said Gerson Eichenberg, Chairman of Grupo Eichenberg.