Panalpina set to acquire majority stake in Airflo as Kenyan flower business blooms

05/11/2015

Swiss 3PL Panalpina yesterday reached agreement to acquire a majority stake in Kenyan air freight forwarder Airflo from parent company Dutch Flower Group (DFG) for an undisclosed amount.

The deal means Panalpina is set to significantly increase its share of Kenya’s air freight market – it ...

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